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Edition: September 25, 2026 Public web updated
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European Central Bank

ECB to assess feasibility of interlinking with Brazil’s instant payment system Pix

WHAT HAPPENED

The ECB Governing Council approved a feasibility assessment, with the Central Bank of Brazil, for linking the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform with Pix. The review will examine technical, operational, legal and business considerations. The ECB says a link could support faster, lower-cost instant payments between the euro area and Brazil; no link or launch date has been approved. The ECB states Pix processes about 250 million instant payments a day, settled in central bank money.

KEY FIGURES
250 million

The ECB states Pix processes about instant payments a day, settled in central…

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ECB to assess feasibility of interlinking with Brazil’s instant payment system Pix

Evidence tier: A1 Evidence type: Official European Central Bank primary release Source: European Central Bank Official publication date: 2026-09-24 Captured: 2026-09-25T18:25:00.000Z

The ECB Governing Council approved a feasibility assessment, with the Central Bank of Brazil, for linking the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform with Pix. The review will examine technical, operational, legal and business considerations. The ECB says a link could support faster, lower-cost instant payments between the euro area and Brazil; no link or launch date has been approved. The ECB states Pix processes about 250 million instant payments a day, settled in central bank money.

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Payment infrastructureCross-border payments