The Government could annul the Central Bank’s resolution on Mercado Pago

2023-09-27 08:59:48

After Marcos Galperinfounder of Mercado Libre, spoke out once morest the new regulation of the Central Bank (BCRA) that affected Mercado Pago, the Government would consider canceling the measure that was going to come into force as of December 1 in exchange for demanding a reduction of commissions to the platform.

According to the agency Argentine News, the news might be announced in the next few hours. The regulation modified the way in which users deposit money into the application, which, according to the virtual wallet, was going to affect four millions of people.

The objective of the system change would be prevent fraud using the immediate “pull” transaction method instead of using the DEBIN (immediate debit)

In development…

AS.

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