The Government confirmed that he will not renew the simple quota program, whose validity, renewed last December, extends until next June 30. While negotiations with banks continue, the objective is to strengthen promotions and financing options in a context of Improvement of consumption in the first months of the year.
From its relaunch in December, Simple quota had been limited to plans of 3 and 6 fixed installments, leaving behind 12 and 18 installments.
In parallel, banks began to reinforce their own commercial strategies, not only through the recent Hot, but also with Special promotions of installments without interest and reintegrates, that managed to increase the volume of purchases even without the support of the official program.
Today, simple fee offers only 3 and 6 payments with a 49%rate, far from the reach in its origin.
“Today they have more weight what banks with promotions do and that will continue giving strength to consumption and cards. So we knew that this was going to happen (that the program was to end). I believe that what the banks are doing through the card, plus what the merchants and large surfaces contribute, will be the tools to support consumption”he said Salvador Femenía, Spokesman of the Argentine Confederation of the Medium Enterprise (CAME) in dialogue with Scope.
Consumption improves so far this year, by the hand of the quotas
April retail sales accumulated in the first four -month period positive variation of 14.9% annual, According to private sources. But during the month of April, Commerce crossed a complex context: sales remained stable or slightly active, but with margins very small due to the high cost of services, taxes and rentals.
All items surveyed by CAME registered year -on -year increases in their sales. The strongest growth occurred again in perfumery, with 9.1%, followed by food and drinks, with 6.3%. If we analyze the accumulated of the first four months, food and drinks maintains the highest growth with 19.8%. Low purchasing power“with a roof” salaries continue to limit consumption, And that is why financing and sporadic offers are presented as a fundamental tool for activity.
During the first quarter of 2025bank promotions and preferential rates promoted an interannual growth of consumption in quotas, with greater participation in the 6 and 3 payments plans.
At the same time, Banks advanced in direct agreements with shops, offering more competitive conditions than those of the official program, especially on key dates and with exclusive discounts for customers.
A recent report of First Capital Group It shows that in April, credit card operations in pesos grew by 7.1% monthly, reaching a total balance of $ 18.7 billion, representing an interannual increase of 158.6%. In real terms, the monthly growth was 4.1%, while the annual reached 75.4%.
“The dynamism in credit card consumption reflects the impact of inflation on spending habitsencouraging the use of quotas with and without interest as financing tools. However, this item grows at a lower rate than personal loans, which already reached an equivalent volume in operations”, Explained Guillermo Barbero, partner of First Capital Group.
Finally, Barber stood out in this line that “growth in pesos reflects a real recovery since March, promoted by commercial strategies of banks and inflationary effect.”
What are the items included in simple fee that can be used until June 30
- White line: Air conditioners, air air conditioners and/or ventilation, dishwasher, washing machine and dryers, kitchens, ovens and anaofes, heating and stoves, thermotanches and heaters, frosts, freezers and freezers.
- Dress: clothing for men, women and children (includes work clothes, sports, daily use and all types of dress accessories), as well as jewelry and watchmaking.
- Footwear and leather goods: Sports and non -sports footwear, wallets, suitcases, handbags and leather leather goods and other materials.
- Cell phones: with 4G and 5G technology.
- Furniture: Understand all home furniture.
- Bicycles It includes all types of bicycles, including electricity, their parts and/or parts.
- Motorcycles
- Educational Services: It includes language courses, courses related to computer science, sports and cultural activities. It does not include schools or universities.
- Mattresses: Understand mattresses and sommiers.
- Books: Understand school texts and books.
- Glasses and contact lenses: prescription glasses and contact lenses, acquired in optics.
- Bookstore articles: Library school articles (notebooks, stationery, pencils, pencils, backpacks, cartridges, labels, among others).
- Toys and board games: Understand all products.
- Technical services of electronics and household appliances.
- Tires, Accessories, conversion kit of GNC gas vehicles and spare parts for automotive and motorcycles.
- Musical instruments.
- Computers, Notebooks and tablets.
- Lighting artifactsincluding electric lighting artifacts with LED technology (Light emitting dike).
- TVs and monitors.
- Perfumery: Cosmetic, personal care and perfume products.
- Small appliances.
- Sports preparation services, understanding gyms.
- Medical equipment: Respiratory therapy equipment (oxygen therapy devices, aerosol therapy devices (nebulizers); canes, crutches).
- Machinery and tools: Drilling, angular groovers, sanders, polishers, mountains, welders with coated electrodes, tig system welder, mig-mag system welder and Morsas.
- Cultural shows and events: Theatrical works and concerts of national artists.
- Durable kitchen elements: pots, pans, pans and plates, all aluminum.
- Vehicle repair services Automotive and motorcycles.
- Kit for home connection to public water and sewer services.
- Tourism: Services and/or products to be provided entirely within the national territory: long -distance bus tickets, aerial passages, hotels and other tourist accommodations, tour packages acquired through travel agencies, rental cars, spas, excursions and recreational activities, and regional products.
- Materials and tools For construction: Sand, cement, lime, gypsum, bricks, iron, sheet, openings, wood, ceramics, sanitary, pipes, pipes and their connectors, taps, membranes, tiles, paint, glasses, blacksmiths, wooden floors, tanks, couples, couples, plugs and work tools.
- Personal care services: hairdressers and aesthetic centers.
- Event organization services and commercial exhibitions: Includes catering and photography.
- Alarm installation services.
- Kit for Internet services connection satellite
- Electronic Security: Video surveillance cameras, closed circuit systems and monitoring, installation of safety circuits.
- Textiles for the home: Bedding, pillows and pillows, curtains, tablecloths, carpets, towels and towels.
Source: Ambito
