Argentine central bank delays payments regulation

Online payments firm had complained rule was anti-competitive

The Central Bank of Argentina
The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina (BCRA) has postponed a controversial payments regulation that had angered a major online payments firm.

In September, the BCRA announced that Argentine consumers would no longer be able to fund accounts, including digital wallets, through its Debin instant payments system. From December 1, they would instead have to use the separate “pull” transfer system to send money to these accounts. The central bank said this was meant to prevent fraud.

On November 30, the

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