A regional fintech will allow tourists from the neighboring shore to pay through this system. I know the details.
Starting this Wednesday, the Argentine tourists that enter the Uruguay They will have a new payment facility in the national territory, after a regional fintech enabled payments for goods and services via QR in the country.
This season, Uruguayan merchants and sellers will be able to charge Argentines using the app’s QR Payment Market from its Argentine account, as announced by the company itself. The new facility aims to streamline transactions and become a familiar option for those who use it every day in the Argentina.
In turn, national sellers will be able to add a new collection tool from this summer 2024-2025, something that will allow them to offer their products more easily to foreigners.
With the new implementation, Argentine users will be able to make their purchases in this way in some 50,000 Uruguayan stores in a 100% digital way, without the need to have to look for ATMs or go to exchange houses to purchase Uruguayan pesos dollars.
Likewise, during this first stage, Argentines will be able to choose to pay with any card they have previously loaded into their personal account. In addition, Argentines will be able to access other benefits this summer, such as a 100% refund of VAT in gastronomic services and car rental, according to law 18,999.
In UruguayMercado Pago has a total of 80,000 sellers, of which some 50,000 already accept payments by QR code, which have been a reality in the country since September.
“Many Argentines were interested in simplifying their payments”
“Due to the proximity between both countries, many Argentines who usually travel for tourism or business to Uruguay were interested in having a solution that simplifies their payments, with the same ease with which they make their purchases in our country,” he explained Agustín OnagoityVP & Country Manager of Mercado Pago Argentina.
“Today we are taking an important step in the development of cross-border payments by offering an agile and secure experience directly from the digital account they choose daily,” he said.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
