Massa asked the Central Bank to repeal the measure against virtual wallets and agreed with Mercado Pago to lower commissions

Sergio Massa intervened between the regulations of the Central Bank (BCRA) that generated the dispute between virtual wallets, including Mercado Pago, and banks, requesting the repeal of the measure. Today a decision was known that affected users of electronic or virtual wallets. I want to inform you that I asked for the repeal of that rule” reassured the Minister of Economy through his social networks, while explaining: “I also asked virtual wallets to lower the commission they charge for withdrawing money and businesses.” You may also be interested: Milei announced who will be the President of the Central Bank if he wins the elections “We understand that the world is what it is and that modernity cannot be stopped, that young people mostly use electronic payment instruments as a new mechanism of operation of their economy,” he contextualized and proceeded to list the measures he implemented. On the one hand, the bonus for collections with QR of Mercado Pago. “The fee is subsidized to collect with QR using money in Mercado Pago account for new businesses that join the system, for sales of up to $ 330,000 (1000 UVAs) or the first three months, whichever comes first,” he details. While in addition, the reduction of commissions for QR charges with credit card will be effective. That is, “the commissions paid by SME businesses for collections through QR with credit card are reduced, going from 6.99% + VAT to 5.77% + VAT with immediate accreditation.” We all want digital wallets and digital currency to be part of the coming economy,” he concluded.

Original source in Spanish