Visa Conecta received approval from the Central Bank to operate in the foreign exchange market, with plans to expand its operations in Brazil.
After this announcement, the Central Bank authorized Visa Conecta to engage in transactions involving the purchase and sale of foreign currencies, thus granting the company a broader scope for its activities within the payments sector.
This move aims to enable Visa Conecta to enhance customer satisfaction by optimizing payment experiences and aligning with the evolving needs of users. The company will continue to ensure compliance with local regulations while pursuing its strategy to expand in the broader payments landscape.
Expanding Payment Solutions and Supporting Digital Transactions
In June 2025, Visa Conecta was launched with a primary focus on Open Finance. The initiative aimed to introduce the Pix Payment Initiation service through a seamless online process without the need for users to be redirected to their bank’s app.
By August 2025, Visa Conecta received approval from the Central Bank to operate as a Payment Institution. This approval included the electronic money issuer license and the Payment Transaction Initiator (ITP) designation, enabling Visa Conecta to manage prepaid accounts and initiate transactions outside traditional banking environments.
