Brazil’s Central Bank Enables One-Step Balance View for Pix by Proximity

Overview

• The central bank introduced a “jornada otimizada” that merges the consent to share account data with the payment authorization so users can see balance and limits in the same screen.
• The rollout began on June 22 and is implemented through Open Finance, letting customers actively choose to share their available balance and contracted limits such as overdraft before completing a Pix by proximity payment.
• Sharing the data is optional and revocable; banks must still allow account linking or automatic debit authorizations even when a customer declines the balance view.
• The rule is set out in Instrução Normativa BCB nº 740 and lists 16 account-holding institutions that must support the journey when invoked, while digital wallets and payment initiators may choose whether to offer the feature.
• Institutions have until October 1, 2026 to make operational changes; the central bank says the feature should cut failed transactions and speed checkouts, and it could let banks and fintechs design new payment products so long as customers are informed how their data will be used.