From Banks to Wallets, the Construction of an Interoperable Payment System
2 Articles
2 Articles
Argentina had interoperability in its payment system before digital wallets existed.Any user could transfer funds from one bank to another without friction.What came next—the fintech boom, the regulation of the Central Bank and the proliferation of wallets—did not replace that base, but expanded it. Candela Villagra, Head of Banking as a Service of BIND, described: “Today you can transfer, pay, invest, from the same place and without problems.” …
During the first semester of 2026, 200 complaints were registered for the abusive rates of banks and fintech, according to a survey on financial services carried out by the Undersecretary of Defense to the Consumer and Commercial Loyalty, which is under the orbit of the Ministry of Economy. The number of claims represents an increase of 92% over the same period last year. These complaints against virtual wallets and banks were driven by the pric…
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