iGaming payments in Brazil

President Lula signed Provisional Measure 1.394 on September 25, 2026, and its publication the same day in an extra edition of the Diário Oficial da União gave it the force of law. Art. 1 bans the exploitation, offer, intermediation and advertising of fixed-odds betting anywhere in Brazil, physical or online. The ban covers bets on real sports events and on virtual events of online games, the legal term that takes in online casino. It also reaches an operator based abroad that offers bets to a person in Brazil.

The measure ends the licensed market that opened on January 1, 2025, under Law 14.790/2023 and counted 85 authorized operators on .bet.br domains by September 2026. Art. 6 bars any new authorization, and applications still pending on September 25, 2026, lapsed that day. Art. 29 revokes most of Law 14.790 together with chapter V of Law 13.756/2018.

MP 1.394 closes the payment layer in its own text. Under art. 14, banks, payment institutions and the owners and participants of payment arrangements, instant payments included, may not process, settle or enable any transaction for fixed-odds betting. Arrangement owners, the card schemes among them, must also write the ban into their rules and expel any participant that breaks it.

India also closes the payment layer in the text of its law. Section 7 of the PROG Act names banks and financial institutions and reaches everyone else through a catch-all for anyone facilitating the transaction, while Brazil names each class of party and turns the scheme owners into enforcers inside their own networks.

• Pixdominant

  instant bank transfer

  Pix is the central bank's instant-payment rail, and it carried 96% of licensed betting deposits from 2025 until the September 2026 betting ban. Resolution BCB 597 wrote that ban into the Pix rules, and Provisional Measure 1.394 has the central bank build a channel to reject Pix transfers to illegal betting (art. 15).

• Boletomajor

  vouchers & cash

  Boleto is a deposit-only payment slip paid in cash or through a bank. It was barred at licensed .bet.br cashiers from January 2025, and Resolution BCB 596 wrote the September 2026 betting ban into the boleto rules, so it is now closed to offshore cashiers too.

• Debit (Elo)minor

  local cards

  Elo is Brazil's domestic card scheme, and from January 2025 licensed operators could take debit cards but not credit cards. Art. 14 of Provisional Measure 1.394 closes card payments to betting, debit included, and makes Elo enforce the ban across its own network.

• TEDminor

  bank transfer

  TED is Brazil's older interbank wire, and Pix had displaced it for most betting deposits before the September 2026 betting ban. Resolution BCB 595 wrote that ban into the TED rules, closing the wire to betting on the same terms as Pix.

The Ministry of Finance set 11:59 p.m. on October 5, 2026, as the last moment for bettors to withdraw on their own. After that, the money goes back to bettors in the order the measure sets out, with a deadline at every step.

1. 1

   Sites and apps go offline

   Licensed operators take their sites and apps down on October 6, 2026, app store listings included, and an operator that stays up faces blocking. Open bets without a result become void and are refunded in full, while winnings on bets settled before the shutdown are paid.

2. 2

   Operators send the bettor lists

   Within 2 days, on October 7 and 8, each operator sends the banks and payment institutions that hold its transactional accounts a list of bettors by CPF, with the amount owed and the account the money came from. The same list goes to the Secretaria de Prêmios e Apostas (SPA) of the Ministry of Finance, and an operator that misses the deadline pays a fine of R$200,000 a day.

3. 3

   Banks and payment institutions refund bettors

   Those institutions pay each bettor back within 7 days, from October 9 to 14, 2026, preferably to the account the money came from. Payment providers with their own central bank authorization carry this step for the operators whose transactional accounts they hold.

4. 4

   Caixa takes what cannot be returned

   Money a bank or payment institution cannot return by October 14 moves to an account at Caixa Econômica Federal, and refunds from then on run through Caixa.

Losing the authorization does not end an operator's duties for the period it held one. Tax, anti-money laundering and responsible gambling obligations stay, records must be kept for at least 5 years, and reporting to the SPA through its Sigap system goes on.

MP 1.394 gives the government a tool against each part of a betting business, from the site and the app to the bank account, the money in it and the marketing around it. Art. 24 also creates an inter-agency enforcement committee under the coordination of the Casa Civil, and Decree 13.128 of September 28, 2026, set it up.

New betting ads have been barred since September 25, 2026, and existing ads and sponsorship had to come down within 10 days, by 11:59 p.m. on October 5. The ban reaches any content aimed at the Brazilian public that offers, promotes or facilitates access to betting, whatever its format and however it is paid for, so affiliate sites and influencer posts fall inside it alongside the operators' own campaigns.

A provisional measure has the force of law from the day it is published and stays in force while Congress decides. A measure that Congress does not convert into law by the deadline, extension included, loses effect.

The providers below reach Brazilian rails, directly or through an aggregator, a local payment company or a wallet. A provider's central bank authorization, its Pix participation and its Brazilian entity are facts about the company that the ban leaves standing. Every one of those routes ends at a Brazilian bank, payment institution or card scheme, and art. 14 bars each of them from any betting transaction other than a wind-down or a refund.

Every provider's Brazil rating reads Not served for a licensed operator, whose authorization ends on October 25, 2026. For an offshore operator a provider rates Limited at best, and providers that work only with regulated operators read Not served. Limited marks a connection that exists, while MP 1.394 bars the payments it would carry.