Updated 11 November 2026. This article was first published in April 2026 and has been rewritten to reflect what the Banco Central do Brasil (BCB) has since confirmed, delayed or dropped.
Brazil’s instant payment system Pix set a new daily record on Friday 6 November 2026: 319.7 million transactions worth R$180.5 billion in a single day, according to the BCB. The previous record, 318.1 million transactions, was set on 4 September 2026.
By the end of October, Pix had 187.8 million users: 168.8 million individuals and 19 million businesses. In 2025 alone it moved more than R$35 trillion, according to the BCB’s latest Pix management report.
Volume is not the story, though. The central bank has a long list of new Pix features in the pipeline, and several of the dates announced earlier in 2026 have moved. Here is where each one stands.
Table of Contents
Pix roadmap at a glance (November 2026)
| Feature | Status | Date |
|---|---|---|
| Hybrid billing (boleto + Pix QR code) | Regulated by Resolution BCB 587 | Rules apply from 1 February 2027 |
| Pix Automático from salary accounts | Regulated by Resolution BCB 587 | From 1 July 2027 |
| Link to the euro area (TIPS) | ECB/BCB feasibility assessment under way | No official timeline |
| Other international links | Being studied (bilateral links and multilateral hubs) | No date |
| Pix receivables as loan collateral | Under study | No date |
| Paying duplicatas through Pix | On the BCB agenda | No date |
| Tax split payment | Receita Federal platform; optional and B2B-only in 2027 | Mandatory B2B use expected in 2028 |
| Offline contactless Pix | Under study (contactless Pix itself is already live) | No date |
| “Pix Parcelado” standard | Dropped in December 2025 | Not happening |
Hybrid billing: rules set, but later than first planned
Hybrid billing puts a boleto barcode and a Pix QR code on the same bill, so the payer can choose either. Earlier in 2026 the BCB had pointed to November 2026 for this to become a requirement.
The final rules came in Resolution BCB 587, published on 18 September 2026, and they apply from 1 February 2027. Hybrid billing covers only Pix Cobrança with a due date, and only ordinary boletos and dynamic boletos not tied to a financial asset. Proposal boletos are excluded.
The main point of the rules is to stop people paying the same bill twice. If a hybrid bill is paid by boleto, the linked Pix charge has to be cancelled, and the reverse applies when it is paid by Pix.
The same resolution lets salary accounts be used for Pix Automático recurring payments from 1 July 2027, and tightens the rules on fraud flags in the Pix key directory.
International Pix: a study, not a launch
The original version of this article said Pix International would roll out across more countries in 2027 after pilots in Argentina and Portugal. That overstated it. The BCB does not run an international Pix service today. Where Brazilians can pay abroad with Pix, it is through private companies that convert the payment and often settle it over traditional rails.
What has moved is the official work. In its Pix management report, published on 10 August 2026, the BCB said it is assessing links with instant payment systems in other countries, both bilateral connections and multilateral hubs. It gave no date.
On 24 September 2026, the European Central Bank’s Governing Council approved a feasibility assessment of linking the Eurosystem’s TIPS platform with Pix, in close collaboration with the BCB. The ECB release sets no timeline. Reuters had earlier reported, citing sources, that a pilot could come in 2028.
Pix as collateral and duplicatas
The BCB is studying a way for businesses to use expected future Pix receipts as collateral for loans. The aim is cheaper credit for firms that take most of their payments through Pix. There is no launch date yet.
The management report also plans closer integration with electronic duplicatas (digital trade receivables), so they can be settled through Pix with automatic reconciliation. Again, no date has been set.
Tax split payment: optional in 2027
Brazil’s consumption tax reform introduces split payment, where the bank separates the new CBS and IBS taxes at the moment a payment is made. Pix is one of the first payment methods in scope.
The Receita Federal has said that during 2027 split payment will be optional and limited to business-to-business payments, rolled out in stages. It expects mandatory B2B use from 2028. Consumer purchases and card payments are not included in the first phase.
What was dropped: Pix Parcelado
On 4 December 2025 the BCB decided not to create specific rules for instalment payments on Pix, after several delays. It also banned banks from using the name “Pix Parcelado”. Similar products are still offered under other names, such as “Pix no crédito”, and each bank sets its own rates and terms.
For users, that means paying in instalments with Pix is a loan from the bank, not a feature of Pix itself, and the cost varies widely between providers.
Contactless and offline Pix
Contactless Pix, where you tap your phone to pay like a contactless card, is already live. The BCB is now studying offline payments over NFC, plus use through wearables and cards. For a UK comparison, see our HSBC tap to pay review.
Why it matters beyond Brazil
Pix is publicly owned and run by the central bank, and it settles in central bank money. That model is now being tested against card networks and correspondent banking at international level. A working link with TIPS would give Europe and Brazil a direct instant payment corridor, which matters for remittances and trade. For background, see our guides to stablecoins, AI in trade finance and AI in microfinance and financial inclusion.
The pattern in 2026 is clear: the BCB is still adding to Pix quickly, but the more ambitious features (international links, credit collateral) remain studies with no dates. Treat any firm launch date you see for them with caution until the BCB publishes one.
Sources
- Banco Central do Brasil, Relatório de Gestão do Pix 2023–2025 (August 2026)
- Banco Central do Brasil, Resolution BCB 587 of 18 September 2026
- European Central Bank, ECB to assess feasibility of interlinking with Brazil’s instant payment system Pix (24 September 2026)
- Banco Central do Brasil, daily Pix record and user figures, as reported by Agência Brasil (9 November 2026)
- Banco Central do Brasil, Fórum Pix decision on Pix Parcelado, as reported by Agência Brasil (4 December 2025)
- Receita Federal statements on the 2027–2028 split payment timetable, as reported by Folha de S.Paulo (September 2026)
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