President of the Central Bank went to social networks to share news that will come into force from April 2025; objective is to ensure that all movements are tracked and linked to a valid CPF or CNPJ
The president of the Central Bank, used social networks last Friday (7) to communicate important changes in the instant payment system, Pix. These changes, which will come into force from April, aim to increase users’ safety. The measure aims to ensure that all transactions performed through PIX are traceable and are linked to a valid CPF or CNPJ, according to the IRS records. This initiative arises in response to increasing concerns about fraud and inconsistencies in the system.
Currently, it is estimated that about 8 million pix keys have inconsistencies with revenue data. To combat this problem, financial institutions will have a deadline to review irregular registrations and implement measures against fraud. From April, any pix key that is not associated with a real person or company will be excluded from the system. This means that it will no longer be possible to link the name of a company known to a CNPJ or CPF that does not belong to it, a practice frequently used by scammers.
Scammers sometimes use random CPFs and CNPJs, including deceased persons, to pass on legitimate companies such as telephone operators or law firms. The system update aims to prevent companies from being used fraudulently, thus increasing system safety and protecting users from possible blows. This change is a significant step in ensuring that Pix remains a reliable and safe tool for financial transactions in Brazil.
Gabriel Galipolo has ensured that these changes will not affect the use of Pix in the country, which will remain a safe alternative to those who keep their data up to date with the IRS. Banks will have about 30 days to adapt to the new standards, and the You may apply fines of up to R $ 50,000 to institutions that do not meet the requirements. To ensure the regularity of their data, users are encouraged to consult the IRS’s official website, ensuring that their information is correct and updated.
*With information from Luciana Verdolin
*Report produced with the aid of AI
