The Banco Central do Brasil will remove the R$500 per-transaction ceiling on contactless Pix payments from 1 October 2026. Instrucao Normativa BCB 746, signed on 16 June 2026, revokes article 16-A of Instrucao Normativa BCB 512 of 2024, the provision that established the cap. The revocation also covers payments initiated through the Open Finance Jornada Sem Redirecionamento.
Customers will agree the ceiling for proximity payments directly with their financial institution once the change takes effect. Contactless Pix moves onto the same limit framework that already governs transfers by Pix key and QR code. The Central Bank kept its other control mechanisms in place, including the daily transaction limits each institution sets for each user.
The R$500 cap has applied since the 2024 instruction that introduced specific limit treatment for proximity payments. Institutions have until 1 October 2026 to reflect the new framework in their apps and in their limit-change journeys.