Brazil : Interoperability of ATMs

Brazil : Interoperability of ATMs

The joint World Bank - International Monetary Fund (IMF) financial sector assessment program (FSAP) of 2018 recommended for the Banco Central do Brasil (BCB) to pursue full interoperability of automated teller machine (ATM) networks in Brazil. Foll...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
FINANCIAL SECTOR DEVELOPMENT
ATM INTEROPERABILITY
PAYMENT INFRASTRUCTURE
ATM NETWORK
REGULATORY FRAMEWORK
Online Access:http://documents.worldbank.org/curated/en/112991593758147589/Brazil-Interoperability-of-ATMs
http://hdl.handle.net/10986/34197
id okr-10986-34197
recordtype oai_dc
spelling okr-10986-341972021-05-25T09:54:49Z Brazil : Interoperability of ATMs World Bank FINANCIAL SECTOR DEVELOPMENT ATM INTEROPERABILITY PAYMENT INFRASTRUCTURE ATM NETWORK REGULATORY FRAMEWORK The joint World Bank - International Monetary Fund (IMF) financial sector assessment program (FSAP) of 2018 recommended for the Banco Central do Brasil (BCB) to pursue full interoperability of automated teller machine (ATM) networks in Brazil. Following the FSAP and the policy dialogue with BCB, this note aims to provide key policy options for BCB with respect to achieving interoperability for ATM transactions in Brazil. The note presents: (i) the key concepts that impact interoperability of the ATM network; (ii) an overview of the regulatory framework and retail payment infrastructure in Brazil; (iii) cross country examples of interoperable ATM networks; (iv) issues and challenges to be addressed for achieving interoperability; and (v) the possible policy options that the BCB can consider adopting in Brazil. It elaborates policy options with regards to: (i) interoperability of the ATM network - the feasibility of enforcing interoperability among all financial institutions, (ii) relevance of having an independent authorized ATM network, and (iii) whether to leave the pricing of ATM services to the market or should BCB consider regulating the same. 2020-07-24T19:27:29Z 2020-07-24T19:27:29Z 2020-07-03 Report http://documents.worldbank.org/curated/en/112991593758147589/Brazil-Interoperability-of-ATMs http://hdl.handle.net/10986/34197 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study Latin America & Caribbean Brazil
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FINANCIAL SECTOR DEVELOPMENT
ATM INTEROPERABILITY
PAYMENT INFRASTRUCTURE
ATM NETWORK
REGULATORY FRAMEWORK
spellingShingle FINANCIAL SECTOR DEVELOPMENT
ATM INTEROPERABILITY
PAYMENT INFRASTRUCTURE
ATM NETWORK
REGULATORY FRAMEWORK
World Bank
Brazil : Interoperability of ATMs
geographic_facet Latin America & Caribbean
Brazil
description The joint World Bank - International Monetary Fund (IMF) financial sector assessment program (FSAP) of 2018 recommended for the Banco Central do Brasil (BCB) to pursue full interoperability of automated teller machine (ATM) networks in Brazil. Following the FSAP and the policy dialogue with BCB, this note aims to provide key policy options for BCB with respect to achieving interoperability for ATM transactions in Brazil. The note presents: (i) the key concepts that impact interoperability of the ATM network; (ii) an overview of the regulatory framework and retail payment infrastructure in Brazil; (iii) cross country examples of interoperable ATM networks; (iv) issues and challenges to be addressed for achieving interoperability; and (v) the possible policy options that the BCB can consider adopting in Brazil. It elaborates policy options with regards to: (i) interoperability of the ATM network - the feasibility of enforcing interoperability among all financial institutions, (ii) relevance of having an independent authorized ATM network, and (iii) whether to leave the pricing of ATM services to the market or should BCB consider regulating the same.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Brazil : Interoperability of ATMs
title_short Brazil : Interoperability of ATMs
title_full Brazil : Interoperability of ATMs
title_fullStr Brazil : Interoperability of ATMs
title_full_unstemmed Brazil : Interoperability of ATMs
title_sort brazil : interoperability of atms
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/112991593758147589/Brazil-Interoperability-of-ATMs
http://hdl.handle.net/10986/34197
_version_ 1764480115132071936

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