In its Monthly Retail Payments Report, the BCRA confirmed that 52.2% of payments were initiated with interoperable QRs, which represents more than 15.6 million, an increase of 219% year-on-year.
Payments with transfer through the interoperable QR reached 15.6 million operations.
Payments with transfer through the reading of QR codes with mobile phones, links and POS collection terminals They set a new record in September, and remain the most used digital payment method in Argentina.
For its part, Money transfers (immediate “push” transfers) registered a growth of 106.1% year-on-year. More than 300 million immediate transfers were exceeded for $10.6 trillion, which imply year-on-year increases of 106.1% and 35.6%, in quantities and amounts respectively.
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At the same time, Payments with transfer through the interoperable QR reached 15.6 million operations. Payments with this means reached 52.2%, representing more than 15.6 million payments, 219% year-on-year for $71.6 billion.
78.8% were made by clients who used their demand accounts and 21.2% their payment accounts. Likewise, 58.8% of businesses credited demand accounts and 41.2% credited payment accounts.
19.2% of payments, meanwhile, were made through reading the debit card credentials in a point of sale terminal, reaching 5.7 million operations, which implies a drop of 48.3% year-on-year and $95.6 billion, a decrease of 30.7% compared to 2022. At the same time, the use of debit cards remains higher than credit cards.
Source: Ambito
