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Central Bank adopts new, stricter rules for PIX: security measures that may displease some users
O central bank announced new guidelines for the system of PIX instant payments, which will come into force on November 1, 2024. This update aims to strengthen transaction security and protect users against fraud, responding to a growing need for greater protection in the digital environment, according to the fdr website.
News and security measures
The main change affects the use of PIX in mobile devices and computers that have not yet been registered with the bank. Under the new rule, transactions performed by unregistered devices will have a maximum limit of R$200 per transaction. In addition, if you change your cell phone, the total value of transactions made on the first day will be limited to R $ 1 thousand. These measures aim to make it difficult to criminal action, making it harder for scammers to make payments from devices that don’t belong to legitimate users.
Objectives of the new rules
Strengthen Security: The Central Bank seeks to increase the security of PIX transactions and protect users from fraud. With these new rules, a significant reduction in the ability of scammers to carry out fraudulent transactions is expected.
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HEALTH – FREE MARKET
Fraud Intelligence: Financial institutions will be required to implement more advanced tools for identify and monitor suspicious transactions. This includes using information shared by the Central Bank to detect anomalous patterns and behaviors.
New requirements for banks
Customer Education: Banks will have to provide educational materials to your customers, with guidance on how to protect themselves against fraud. This step is crucial to ensure that users are aware of best practices for keeping their information safe.
Continuous Monitoring: Financial institutions should also check regularly if customers have any fraud alert registered with the Central Bank. This will help ensure that accounts are protected and that any signs of suspicious activity are identified quickly.
What does this mean for users?
The main change for users will be the need to extra care with your devices. The recommendation is avoid making payments using unregistered devices to ensure that your transactions are secure and not subject to fraud. Be aware of the new rules and make good use of the tools offered by banks to protect yourself against possible threats.
The Central Bank's new guidelines are a direct response to growing concerns about digital security and aim to create a safer environment for all users of the PIX With these changes, the instant payments system becomes even more robust against fraud and abuse, providing greater peace of mind for its users.
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