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PIX payment system may become digital identity in Brazil, says Central Bank president

RIO DE JANEIRO, BRAZIL - Central Bank (BC) president Roberto Campos Neto said that Pix, the Brazilian instant payment service, may evolve to other functionalities and eventually become a kind of digital identity.

"We understand that we can expand this [the Pix] to improve even more the quality of life of people with public services and eventually even becoming a digital identity, as was done in India," he said during a virtual event promoted by the Indian Embassy on Wednesday, April 14th.

"The project can have other dimensions. We have developed new features in Pix that come from the interaction with . . .

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