In brief

Contactless Pix no longer has a R$ 500 per-transaction limit.

Each bank limits now apply.

What we know

04

  1. Verified fact · material

    The central bank removed the R$ 500 per-transaction limit on contactless Pix.

    Expands Pix use in larger purchases.

    Sources[01][03][04]

  2. Verified fact · material

    The change applies from October 1.

    Sets the effective date.

    Sources[01][03]

  3. Verified fact

    According to Agência Brasil, limits set by each institution by customer profile now apply.

    Explains the new regime.

    Sources[01]

  4. Verified fact

    According to CNN Brasil, contactless payment does not require opening the bank app.

    Explains how it works.

    Sources[02]

Transmission to assets

Market read-through

The expansion accelerates the replacement of cards by Pix in physical retail, a gradual risk for interchange revenue.

Portfolio impact

01
Credenciadoras e emissores de cartãonegative

Pix replaces cards in larger purchases.

Gradual effect.

What would change the view: Retail adoption.

sector20% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Contactless Pix volume
  • Acquirer results
  • Installment Pix

Limits of the reporting

What remains uncertain

  • The impact on cards has not been measured yet.

Full sources

04
01
Agência BrasilPix por aproximação deixa de ter teto de R$ 500 a partir desta quintaindependent newsroom
02
CNN BrasilBC retira limite de R$ 500 para Pix por aproximação; entenda mudançaindependent newsroom
03
g1Pix por aproximação deixa de ter limiteindependent newsroom
04
Folha de S.PauloPix por aproximação deixa de ter limite de R$ 500 por transação a partir de hojeindependent newsroom
06