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Latin America
Brazil
The BCB regulates payment institutions and payment initiators under the Pix framework.
3 licences · 8 institutions
Regulator sites
Licence types
3What the regime looks like
- Instituição de PagamentoIPBCB authorisation covering e-money issuance, acquiring and payment intermediation under Law 12,865.Payment institution / PSPOfficial source
- Payment Transaction InitiatorITPAuthorisation to initiate payment transactions on behalf of users, including via Pix.Payment institution / PSPOfficial source
- Banking licenceBanking licenceFull banking licence from the BCB.Banking & deposit-takingOfficial source
A hand-picked sample for orientation — not the full register.
- AdyenHolds a Dutch banking licence, so it settles as a bank in Europe and licenses locally elsewhere.BankingMTLEMIAFSLMPISVFIPLicensed inEuropean Union / EEAUnited StatesUnited KingdomAustraliaSingaporeHong Kong, ChinaBrazilUnited Arab EmiratesSearch coverage
- dLocalCross-border payments for global merchants in emerging markets, licensed locally.IPPSPMMOPSSPLicensed inUruguayBrazilMexicoArgentinaColombiaChilePeruNigeriaSouth AfricaIndiaSearch coverage
- EBANXLatin American payment methods and local acquiring.IPPSPLicensed inBrazilMexicoArgentinaColombiaChilePeruSearch coverage
- Mercado PagoLatin America's largest fintech, licensed as a payment institution and bank across the region.IPPSPIFPEBankingLicensed inBrazilArgentinaMexicoColombiaChilePeruUruguaySearch coverage
- PPROLocal payment methods platform for PSPs and merchants.EMIMTLMPILicensed inUnited KingdomEuropean Union / EEAUnited StatesSingaporeBrazilMexicoSearch coverage
- RapydFintech-as-a-service with licensed entities across Europe, the US and Asia-Pacific.EMIAPIMTLMPILicensed inUnited KingdomIsraelUnited StatesSingaporeMexicoBrazilSearch coverage
- RevolutEMI plus a banking licence in Lithuania; separate licences in each expansion market.BankingEMIAPIMTLMPIAFSLLicensed inEuropean Union / EEAUnited KingdomUnited StatesSingaporeAustraliaJapanMexicoBrazilIndiaSearch coverage
- StoneBrazilian merchant acquiring and banking for SMBs.IPBankingLicensed inBrazilSearch coverage
Region
A curated reference, not legal advice and not exhaustive. Confirm the scope of any licence with its regulator before relying on it.