Prepares Measures to Pay in Dollar Credit Card Instalments

In this context, the Central Bank of the Argentine Republic (BCRA) is working on the allocation of payments and financing in quotas with foreign currency credit cards, which would represent a further step towards further liberalization of the local payment system. According to the director of BCRA Silvina Rivarola, the aim of the measure is to allow consumers to freely choose which currency to operate, whether in pesos or dollars, and using diff…

The national government advances with new measures to deepen the currency competition and anticipates that payments and purchases will be enabled in installments with credit card in dollars. “The idea is that you can do whatever you want, that you pay in pesos or that you pay in dollars, even with debit card,” explained Silvina Rivarola, director of the Central Bank (BCRA), during her participation in the streaming Time Free. Rivarola added that…

The director of the Central Bank, Silvina Rivarola and the head of ARCA, Juan Pazo, referred to the advances in the implementation of the system similar to the dollarization promised by Milei in campaign. Read more

Today, consumers can already pay in installments within the country by means of a mechanism called immediate scheduled debit, although its use is still limited.The post More freedom: The national government advances to enable payments in dollars and in installments with credit card appeared first on The Intransigent.

This was confirmed by the director of the BCRA, Silvia Rivarola, who said that we have to "fit up the systems" to start the measure.

The director of the monetary authority, Silvina Rivarola, said that "we are working" to allow us to add a new alternative to the existing payment in debit with US currency.