The South American country joins a handful of nations around the world including Australia, Norway and New Zealand who pay their men’s and women’s teams equally.
"Since March of this year, the CBF has paid an equal value in terms of prizes and daily rates between men's and women's football," CBF president Rogerio Caboclo said.
"The men's players earn the same as the women's players during their call-ups. What they receive daily, the women also receive.
"What the men will gain by winning or advancing at the Olympics next year will be the same as the women will have.
"What men will receive at the next World Cup will be proportionally equal to what is proposed by FIFA.
"There is no more gender difference, as the CBF is treating men and women equally."
Brazil’s men’s national team was due to partake in the Copa America this summer but the tournament has been rescheduled to next year due to the coronavirus pandemic.
The men’s Olympic and women’s national teams will both take part in the Olympic games in Tokyo next year.
Current women’s world champions, USA, sued their national federation last year to advocate for equal salary as the men’s national team but their case was dismissed.