✉news BusinessBanking first seen 1 d ago, last 10 h ago, peak #7
ECB and Brazil Launch Study to Link TIPS with Pix Payments
Original: European Central Bank (ECB) and Brazil Launch Study to Link TIPS with Pix Instant Payments
The European Central Bank and Brazil have launched a study exploring a link between the ECB's TIPS instant payment system and Brazil's Pix instant payments network. The work examines how cross-border instant payments between the euro area and Brazil could be connected. The announcement is drawing attention as a step toward faster, cheaper international payments between the two regions.
Why now: A direct link between two major instant payment systems would mark a significant step in cross-border payment integration between Europe and Brazil.
European Central BankTIPSPixBrazil
Evidence
- European Central Bank (ECB) and Brazil Launch Study to Link TIPS with Pix Instant Payments · Crowdfund Insider
API: https://socialmediatrends-api.osmike.com/v1/trends/2866