2021-03-25 | Resolução BCB 80

Added 2026-09-26

BCB Resolution No. 80 — Regulation of Payment Institutions

BCB Resolution No. 80 establishes the legal framework for the constitution and operation of payment institutions in Brazil, defining four specific modalities: electronic money issuer, post-paid payment instrument issuer, acquirer, and payment transaction initiator. It mandates that these entities obtain authorization from the Central Bank of Brazil to operate, prohibits payment transaction initiators from storing user credentials or altering transaction amounts, and requires the implementation of governance policies. The resolution also sets specific deadlines for existing institutions to regularize their status, with transitional authorization windows defined for electronic money issuers and other service providers.

Brazil

Banco Central do Brasil

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BCB RESOLUTION NO. 80, OF MARCH 25, 2021

Regulates the constitution and operation of payment institutions, establishes the parameters for submitting requests for authorization to operate by these institutions, and provides for the provision of payment services by other institutions authorized to operate by the Central Bank of Brazil.

The Collegiate Board of the Central Bank of Brazil, in a session held on March 25, 2021, based on the provisions of Arts. 6º, §§ 1º and 4º, and 9º of Law No. 12.865, of October 9, 2013, and considering the provisions of Resolution No. 4.282, of November 4, 2013,

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Show all related documents (41)

Supersedes: Circular No. 3.681 dated 2013-11-04not in RegAlertCircular No. 3.962 dated 2019-09-24not in RegAlertCircular No. 3.974 dated 2019-12-18not in RegAlertResolution No. 24 dated 2020-10-22not in RegAlertResolution No. 49 dated 2020-12-15not in RegAlert
Amended by: Joint Resolution No. 14 — Methodology for Calculating Minimum Paid-in Share Capital and Net Equity Limits for Financial Institutions2025 Resolution BCB No. 407 – Amends Resolution BCB No. 80 of 25 March 2021, which regulates the constitution and operation of payment institutions, sets parameters for filing operating authorization requests, and provides for payment services by other institutions authorized by the Central Bank of Brazil2024 BCB Resolution No. 296 — Amends BCB Resolution No. 80 of March 25, 2021, Regarding Payment Institutions2023 Resolution BCB No. 260 — Provides for the internal control systems of consortium administrators, payment institutions, securities brokerage firms, securities distribution firms and foreign exchange brokerage firms2022 BCB Resolution No. 257 — Amends Resolution BCB No. 80 of March 25, 2021, regarding payment institutions2022 Resolution BCB No. 155 — Sets out principles and procedures to be adopted in the relationship with customers and users of products and services by consortium administrators, payment institutions, securities broker societies, securities distributor societies, foreign‑exchange broker societies and virtual‑asset service providers authorized to operate by the Central Bank of Brazil2021
Amends: Resolution No. 155 dated 2021-10-14not in RegAlertResolution No. 257 dated 2022-11-16not in RegAlertResolution No. 260 dated 2022-11-22not in RegAlertResolution No. 296 dated 2023-02-23not in RegAlertResolution No. 407 dated 2024-08-02not in RegAlertResolution No. 494 dated 2025-09-05not in RegAlert
Issued under: Law No. 12.865 dated 2013-10-09not in RegAlert
Basis for: BCB Resolution No. 506 of September 26, 20252025 BCB Resolution No. 300 — Amends Resolution BCB No. 237 to regulate remuneration of the Electronic Currency Correspondent Account (CCME) balance for payment institutions2023 Normative Instruction BCB No. 330 — Consolidates Procedures for Registration of Cadastre Information in the Unicad System2022 Normative Instruction BCB No. 317 — Establishes operational procedures for maintaining cash resources at the Central Bank of Brazil corresponding to the value of electronic currency balances held in payment accounts2022
Referred to by: BCB Resolution No. 559 of April 23, 20262026 Central Bank of Brazil Instruction Normative No. 721 of April 2, 20262026 Instruction Normative BCB No. 638 — Amends Instruction Normative BCB No. 479 of June 12, 2024, which details the composition of the Business Indicator (BI)2025 BCB Resolution No. 482 — Amends BCB Resolution No. 1 to establish obligations for unauthorized Pix participants and update Pix Automatic and proximity initiation rules2025 Normative Instruction BCB No. 619 – Amends BCB Normative Instructions 426, 428, 429, 431, 432 and 433 (Dec 1 2023) defining Cosif accounting items2025 Resolução BCB nº 437 — Establishes procedures for calculating the risk-weighted asset portion for credit risk exposures subject to the simplified standardized approach capital requirement – RWARCSimp2024
+13 more
Normative Instruction BCB No. 551 of November 19, 20242024 BCB Resolution No. 429 — Amends Pix Arrangement Regulations to Require Authorization for Participation and Establish Capital Requirements2024 BCB Resolution No. 412 — Amends the Regulation annexed to BCB Resolution No. 195 regarding the Instant Payment System (SPI) and Instant Payment Account (Conta PI)2024 BCB Resolution No. 363 — Amends BCB Circulars and Resolutions Establishing Procedures for Calculating Risk-Weighted Asset (RWA) Components for Credit Risk, Operational Risk, and Payment Services Risks2023 BCB Resolution No. 319 — Establishes maximum exposure limits per client and maximum limit for concentrated exposures, and amends BCB Resolutions Nos. 201 and 2652023 Resolution BCB No. 293 of February 15, 20232023 BCB Resolution No. 237 — Financial Movements for Electronic Currency Accounts and Payment Institution Participation in the STR2022 BCB Resolution No. 235 Amending the Regulation of the Instant Payment System (SPI) and Instant Payment Account (Conta PI)2022 Resolution BCB No. 229 — Procedures for Calculating the Risk-Weighted Asset Component for Credit Risk Exposures under the Standardized Approach2022 BCB Resolution No. 197 — Classifies prudential conglomerates including payment service institutions and establishes segmentation for Type 3 conglomerates for proportional prudential regulation2022 BCB Resolution No. 201 — Simplified Optional Methodology for Minimum Simplified Reference Equity (PRS5) Requirements for Type 3 Institutions2022 Resolution BCB No. 202 — Establishes the calculation of the risk-weighted asset (RWA) portion for capital requirements associated with payment services risks (RWASP)2022 Resolution BCB No. 118 — Amends Resolution BCB No. 1 of August 12, 2020, which institutes the Pix payment arrangement and approves its Regulations2021

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Amended 6 times · last 2025-11-03

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works