Pix Parcelado in Brazil Faces Regulatory Delay… but Guess What’s Putting Millions at Risk?
Hey Payments Fanatics!
Brazil’s Central Bank and major banks just hit a standstill, delaying long-promised rules for Pix Parcelado.
The rules were expected in October to bring clarity to consumers. Nothing came out. And every bank keeps pushing its own version of the product, with zero standardization.
It’s marketed as a simple installment option. In reality, it’s a credit with interest from day one. Rates around 5% a month. CET closer to 8%. Not exactly transparent.
Consumer advocates are worried. More confusion. More friction. More room for over-indebtedness to spike. So, everything is still really unpredictable...
Curious to stay on top of today’s Payments moves? Scroll down and catch the highlights 👇
Cheers,
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NEWS
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🇧🇷 Cumbuca launches to help international firms enter the Brazilian payments market. Brazil’s rapidly expanding FinTech market offers strong opportunities but is difficult for international firms to enter due to licensing, geopolitical risks, and dependence on third-party providers; Cumbuca addresses this by acting as a regulated proxy that grants direct central bank access and operational control.
GOLDEN NUGGET
How does 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐒𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭 actually work? — by Ecommpay 👇Created by Arthur Bedel 💳 ♻️
Behind every tap, swipe, or click lies a coordinated exchange of trust between banks, networks, processors, and merchants.
When a customer pays, it looks instant — but the actual movement of funds happens after a sequence of authorization and verification messages. The “settlement” is the final step that moves money from the customer’s bank to the merchant, ensuring accuracy, security, and compliance.
𝐒𝐭𝐞𝐩-𝐛𝐲-𝐒𝐭𝐞𝐩 𝐒𝐞𝐭𝐭𝐥𝐞𝐦𝐞𝐧𝐭 𝐅𝐥𝐨𝐰
1️⃣ Customer (Payer) initiates a purchase at checkout.
2️⃣ The Merchant Checkout System forwards the transaction data to the Payment Gateway / Processor — for example, Ecommpay.
3️⃣ The Payment Processor sends the authorization request to the Acquiring Bank, such as Getnet, Stripe, Adyen, or PayPal operating in an acquiring role.
4️⃣ The Acquirer passes the request to the Card Network (Visa, Mastercard, American Express, Discover).
5️⃣ The Card Network routes the request to the Issuer Bank (e.g., Santander, Citi, Chase, Fiserv).
6️⃣ The Issuer checks:
→ Card validity
→ Funds or credit availability
→ Risk and authentication (3DS, OTP where required) — then approves or declines the transaction.
7️⃣ The authorization decision travels back through the chain:
Issuer → Card Network → Acquirer → Processor → Merchant → Customer.
8️⃣ Once approved, Settlement occurs later:
→ The issuer transfers funds to the acquirer,
→ The acquirer deposits funds into the merchant’s account,
→ Typically T+1 to T+3 days, depending on region and setup.
This workflow ensures that merchants are paid reliably, customers are protected, and every party in the chain is aligned. It’s less about moving money instantly, and more about moving trust, safely and verifiably, at scale.
And while this system took decades to build, it is now evolving again — with real-time payment rails, tokenization, optimized routing, and intelligent acquiring strategies reshaping how settlement is managed globally.
The tap takes a second. The infrastructure behind it is the result of millions of transactions proving trust, every day.
Source: Ecommpay
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