Brazil to Introduce Installment Payment Feature for Pix in September 2025

The Central Bank of Brazil has announced a significant upcoming enhancement to its highly popular instant payments platform, Pix. Beginning in September 2025, users will gain access to a new feature that enables transactions to be paid in installments—a move that represents a major step forward in the evolution of Brazil’s digital payment ecosystem.

This new functionality, called “Pix Parcelado” (or “Installment Pix”), will allow consumers to make purchases and divide the total cost into several smaller payments over time. Despite the delayed settlement from the consumer’s side, merchants will receive the full transaction amount immediately at the point of sale. This aims to provide users with greater financial flexibility while preserving cash flow for businesses.

Pix Parcelado is expected to be particularly impactful in Brazil, where installment-based purchases are a deeply ingrained part of consumer culture and traditionally dominated by credit card usage. By introducing a similar capability within the Pix ecosystem—without necessarily requiring a credit card—the Central Bank intends to offer an inclusive financial solution for individuals who may not have access to conventional credit products.

In its official statement, the Central Bank emphasized that the new tool is designed to improve access to financing, particularly for underbanked populations. While the installment structure will mirror some aspects of credit card functionality, the bank has so far not disclosed specific details regarding interest rates, associated fees, or the technical underpinnings of how the feature will operate from the user’s perspective.

This innovation marks yet another major milestone for Pix, which has experienced exponential growth since its launch in 2020. According to a report by Reuters, Pix is currently the most widely used digital payment method in Brazil, surpassing traditional methods like credit cards and bank transfers in terms of transaction volume.

Credit Integration Expansion Planned for 2026

In addition to the upcoming Pix Parcelado feature, the Central Bank has also laid out plans for further enhancements to the Pix infrastructure slated for implementation in 2026. This future development will enable businesses to use their anticipated Pix receivables—that is, confirmed but not yet settled payments—as collateral in credit operations.

This initiative aims to lower borrowing costs and improve lending conditions, especially for businesses that primarily rely on Pix to conduct transactions. By leveraging future cash flows as a form of security, companies may gain access to more favorable credit terms, fostering economic activity and financial inclusion among small and medium-sized enterprises.

The Central Bank noted that this functionality will require the deployment of a more sophisticated operational and regulatory structure. However, it reassured the public that these enhancements are not expected to affect the day-to-day experience of individual Pix users. Instead, the features are focused on expanding the commercial scalability and credit utility of the Pix platform within Brazil’s broader financial infrastructure.

Conclusion

With the introduction of Pix Parcelado in 2025 and the expanded credit integration planned for 2026, Brazil’s Central Bank continues to demonstrate its commitment to modernizing the nation’s financial system. These developments are poised to make Pix not just a payment solution, but a powerful digital finance platform that supports both consumer convenience and business growth.