Investments: what is the first virtual wallet that offers a triple-digit return

After the recent rate hike ordered by the Central BankIn the midst of the devaluation of the official exchange rate and its inflationary effects, the nominal value of the economy rose one more notch, to the point that one of the main virtual wallets in the market began to offer triple-digit returns through its paid account.

“To continue accompanying the people in everyday use of your money through solutions for savings, payments, credit and collections”, Orange X updated again the Nominal Annual Rate from his paid account and offers the highest return in the market for the pesos that clients have deposited in their accounts: 100%, the fintech said in a statement.

The new TNA is in force since this Tuesday, with a cap of $200,000; and more than 80% of the 2.6 million people who use the Naranja X account, have their TNA activated to generate daily returns. “This strategy contributes to continue strengthening the financial inclusion of people, regardless of their age, region or level of access to the banking system,” they said from Naranja X.

“Given the current economic context, people need to have tools that allow them to take care of their finances in the best possible way. And it is in this line that we decided to increase the TNA of the account to 100%, a solution that seeks to guarantee daily returns according to the deposited balance, being not only a resource so that savings can be optimized in a safe and simple way, but also so that more and more people can feel included in the system and access other financial products”, stressed Juan Ignacio Talent, Chief Product Officer at Orange X.

Through Naranja X, clients and/or people with commercial activity can access products, services and solutions such as a free account in pesos and dollars, credit and debit cards, loans, transfers, payment of the summary, services and multiple other options for managing finances.

As access the Naranja X remunerated account

• The first step is discharge the App on the cell phone from Google Play either app store.
• The second is to generate a user and clue.
• Then, validate the identity with photos of the DNI and selfie.
• Once the data is validated, you can deposit money and use the account.
• To do this, click on the button with the symbol $ located at the bottom of the screen and choose the option Add.
• Finally, select the option add money to the accountand indicate the source account.
• Do not forget that, for your money to grow, you must enter it on the screen.
• And ready! You are already saving with Orange X.