BR Code is the QR Code pattern that must be used by payment arrangements members of the SPB that offer the initiation of a payment transaction through this mechanism, according to the Circular nº 3.989/2020.
The mere existence of a QR Code will facilitate the process of initiation of the payments made by the paying users, that will have a common instrument to initiate the transaction, using the arrangement of choice that is accepted by the receiving user to effectuate the operation. By the receiver’s perspective, there is a reduction of arrangement acceptance costs that allows the initiation through the BR Code, in addition to a rationalization of the quantity of QR Codes at establishments.
According to the Circular Letter nº 4.014/2020 the technical specifications of the BR Code are detailed in the BR Code Manual.