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The Nexus
BUSINESSJul 13 · 08:38 UTCTHE RIO TIMESAdele Cardin

Brazil’s Digital Invoice Enters Live Testing, Eyeing Cheaper SME Credit

Brazil’s central bank has moved its digital invoice system into the final testing phase before standardization, aiming to unlock R$11 trillion in annual invoices for cheaper SME credit. Currently, only about R$1 trillion of invoices are used as credit.

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Brazil’s Central BankorganizationBrazilplacedigital invoice systemtopicSME credittopicfinancial institutionstopic
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