BC launched Automatic Pix this Wednesday | The economy
According to the Central Bank (BC), automatic picks will be available for use from June 16. The function was launched on Wednesday with representatives of representatives of the company’s officials and representatives of the company’s officials and representatives connected to the company’s officials and payment methods at an event in Sao Paulo.
Announced last year later, Automatic picks simplifies repetitive charges and can be used as a way to receive by a wide variety of companiesIn different sizes and fields.
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Among them:
– Public service concessions; – schools; – Colleges; – Academies; – condominiums; – Social clubs; – Health plans; – Streaming services; – News portals; – Clubs by subscription; – financial institutions.
Payers have no utility rates. Companies who receive payments through automatic picks can be charged from a responsible financial institution.
How does it work?
Automatic picks allows users to automate periodic loans without the need for authentication for each transaction. This pre -empowerment is granted only once in a safe environment by mobile or computer.
Below to see how the sport works according to BC:
1 – Jim, a school or streaming service, provides automatic pics as a form of payment of its products or services.
2 – The payer authorizes the payment of automatic picks charges and defines the rules such as whether the maximum amount of each payment and whether the credit line is to be used.
3 – In the days before payment, the company will send the collection to the payer to the bank.
4- Payer Scheduled the Bank Payment, before paying, before payment, and your account of your account, informs you if everything is correct.
5 – On the day of payment, the payer’s bank justifies the transaction in accordance with the rules defined in the authority.
The BC says it has the potential to increase the capacity of automatic picks, reduce collection costs and reduce default.
There is hope of cost reduction by using the operation on bilateral agreements (as in the current account loan) and the use of current picks infrastructure.
