Bre-B Reaches 11.6M While Rollout Faces Delay

Bre-B Reaches 11.6M While Rollout Faces Delay
Bre-B Reaches 11.6M While Rollout Faces Delay

Hey Payments Fanatic!

Last Friday, I shared news from Colombia with Félix Pago, making its way into the country. Today, I’m back with another update from there, this time about Bre-B.

It’s been just a month and a half since the launch and already reached 11.6 million users, that’s about 22% of Colombia’s population. Amazing, right?

But not everything is moving as fast as expected. The rollout was planned for September, but Credibanco’s president, Felipe Acevedo, revealed it will now happen on October 9.

As he put it, the team is still working with the Central Bank on “an articulated and organized schedule of the proper tests for the functioning of the different layers of the nodes, with the entity’s infrastructure.”

To be continued...

👇 Scroll down for the rest of today’s payments headlines and enjoy your week.

Cheers,

Marcel


INSIGHTS

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LATAM Consumers’ Payment Preferences

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🇨🇴 Bre-B, "the Colombian Pix," has once again delayed its operational start date. The new launch date was updated to October 9, as they are still working with the Central Bank on an articulated and organized schedule of the proper testing of the operation of the different layers of the nodes, with the entity's infrastructure.

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