The Virtual Wallets Moved the Fees Again: Which One Pays More in Argentina
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5 Articles
What are the virtual wallets and fixed installments that pay most in May? I show you the ranking of the different options so that you can make decisions based on your financial situation.
Buenos Aires, May 26 (NA) — Virtual wallets and banks re-updated interest rates for remunerated accounts, investment funds and fixed deadlines in Argentina. The competition for collecting pesos remains active during May. According to the Argentine News Agency, financial apps continue to adjust daily returns to attract users who seek immediate liquidity without resigning interest on the money deposited. Remunerated accounts and money market funds…
Four out of ten people who take credit in Argentina do so today through fintech platforms, mainly virtual wallets. The growth of the sector was accelerated: in just two years, the number of users went from less than 4 million to 8.1 million today. The information comes from the latest Fintech Credit Report prepared by the industry chamber together with ITBA, with data processing by Amazon Web Services (AWS). The study is part of the Industry Dat…
Argentina leads the region in the use of digital wallets: one third of the volume operated in physical shops and almost 40% of the e-commerce already pass through these apps. In parallel, the use of cash fell to a historic floor: in February there were little more than 41 million withdrawals in ATMs, 25% less than in December. The cultural change is huge. The menu of promotions is endless; they appear every day and everywhere. Mercado Pago, Mode…
For 2.3 million Argentinians, fintech credit is the only option for accessing financing. Irregularity in this segment reached its peak during the summer, just as it did in banks. Jujuy al día ® – Fintech credit, which provides financial coverage to 8.1 million Argentinians, registered a level of [...] The entry "Delinquency in digital wallet loans exceeded 30% but stabilized in recent months" was first published in Jujuy al día.
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