According to data from the consultancy 1816 Economía y Estrategia, Mercado Pag established itself as the money market with the largest number of people and volume, exceeding $367 million.
fintech Market Payment increased its interest rate this Tuesday and any user will be able to earn more thanks to increase in yields liabilities from your account balance, without the need to block the money.
According to data from the consulting firm 1816 Economía y Estrategia, Mercado Pag established itself as the money market with the largest number of people and volume, exceeding $367 million.
The nominal annual rate (TNA) offered by the e-wallet is 81.5%, more than 2% than a few days ago. Although it is a lower percentage than the fixed term (97% of TNA), liquidity and daily earnings are some of the many factors that favor investment in the virtual wallet of Marcos Galperin. However, it is not the only one that offers these amounts: Ualá, for example, its main competitor, offers 82.72%.
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How to make your savings work with Mercado Pago
The FCI of the virtual wallet, Market Fund, it is managed and guarded by companies of the BIND Group. Its purpose is to invest the capital of savers in different financial instruments, such as guarantees and fixed terms from banks. In this way, the interest rate offered to clients varies based on the yield obtained by the fund.
Unlike traditional fixed termA great advantage for the user is that the Mercado Pago moneymarket allows them to withdraw or use the available pesos that they have invested daily, so they do not need to be blocked for a month.
In addition, it is enough for the interested party to be registered in the financial application to start operating; a bank account is not required.
Source: Ambito
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