Bre-B prepares move into business and government payments for 2027
Banco de la República is preparing a new phase of Bre-B that would extend its use to business and government payments, according to Ana María Prieto, director of the central bank's payment system. The regulatory proposal is under industry comment and the new services could start in 2027. Bre-B, which marked one year in October, has seen more than 110 million keys created and grew from 2 million to more than 10 million daily payments; in September it moved COP 30 trillion.
In 40 seconds
- Banco de la República put a regulatory proposal out for comment so Bre-B can handle business and government payments.
- The new services could start in 2027, according to Ana María Prieto, director of the issuer's payment system.
- In one year at least 110 million keys were created and daily payments rose from 2 million to more than 10 million.
IASummary generated by artificial intelligence from a story by Vanguardia. It may contain errors: the original source prevails.




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