Amidst the wave of fake news of taxation, the volume of transfers via Pix fell compared to December, but continues to grow compared to January last year. According to statistics from the Central Bank (BC), from January 1st to 14th, the BC recorded more than 2.29 billion transactions, with a turnover of around R$920 billion.
This represents a drop of 15.3% compared to the same period in December, when 2.7 billion transactions were made, which generated around R$1.12 trillion.
Traditionally, January sees a drop in the volume of Pix transactions due to the holiday period and the receipt of the thirteenth salary and Christmas shopping in December. However, the drop was the biggest for the first fortnight of a month since the creation of Pix, in November 2020. The number of transactions was the lowest since July last year, when 2.26 billion transfers were made .
Despite the month-to-month drop, Pix continues to record growth compared to January 2024. That month, 1.75 billion transactions were made, which generated around R$659.7 billion.
Even with the publication of fake newsboth the Ministry of Finance and the BC consider the reduction in the volume of transactions to be seasonal and within the parameters. “The movement of Pix is within the seasonal variation at the beginning of the year”, informed the BC.
In the morning, the Minister of Finance, Fernando Haddad, reiterated that the drop in movement is seasonal (typical of certain times of the year). “In January, Pix transactions drop compared to December, it is seasonal. When you consider seasonality there have been no problems,” said Haddad, adding that the BC monitors the matter.
The statistics were released before the cancellation of normative instruction which modernized the supervision of financial transactions. Faced with the wave of fake news associated with Pix, the government revoked the new inspection rules and will issue a provisional measure that equates Pix to paper money, prohibiting price differences in charges, and reinforces banking secrecy, non-taxation and the free use of the tool for people physical.
