Credibanco officials have disclosed that Bre-B, the immediate payment system backed by the Bank of the Republic of Colombia, is now scheduled to launch on October 9, 2025. Previously, the plan had been to start operations in September 2025.

In an interview with local media, Felipe Acevedo, president of Credibanco, elaborated that the new date was determined after additional collaboration between the central bank and other involved parties. He stated that this approach ensures a responsible timeline for the payment system’s successful launch.

This development marks the fourth delay in Bre-B’s operational commencement. In October 2024, the Bank of the Republic of Colombia extended deadlines to implement necessary technological adjustments. Initially, Bre-B was set to begin operations between March and May 2025. This plan was then shifted to July, which did not materialize, leading to a revised schedule for mid-September.

The announcement of delayed launch comes as several countries in the region are launching their own state-backed digital payment platforms. Brazil’s Central Bank had launched Pix in August 2025, while Peru’s Central Reserve Bank (BCRP) announced plans to roll out a similar platform by December 2026. This initiative is aimed at reshaping financial landscapes and supporting economic growth through greater competition and enhanced financial inclusion.

Colombia’s Bre-B

Inspired by Pix’s success in Brazil, the Bank of the Republic of Colombia initiated the Bre-B project in 2022. The aim was to enhance user experience for payments, facilitate 24/7 transactions, and ensure regulatory compliance.

Bre-B is designed to boost interoperability, efficiency, security, financial inclusion, and fair competition within the market. It also connects A2A players with innovative solutions from entities such as Credibanco and Visionamos, a network for financial cooperatives. Furthermore, the central bank is working on developing Drixi, a directory for entities wishing to directly connect to Bre-B.