The Central Bank ordered changes in the funding mechanism for virtual wallets. It had been agreed upon with the fintech sector, but was rejected by Marcos Galperín. Is there a truce coming?
Mercado Pago, Marcos Galperin’s digital wallet, opened a controversy around the decision of the Central Bank (BCRA) to change the funding operations of traditional bank accounts and payment service providers. Thus, the historic dispute between the company and the financial regulator was revived, but it was learned in the last few hours that there could be an agreement between both parties shortly. How would it be?
According to government sources, what is being negotiated is a “flip” by the BCRA to the extent that it changes the use of Immediate Debit (DEBIN) operations for funding accounts to the Pull transfer modality. The bargaining chip they would ask the company for is that they agree to lower the commissions they charge users. If they agree, they could go back on the requirement, which would come into force on December 1 of this year.
This would be a way to end the new round in the saga of confrontations that Galperín has been having with the monetary regulator. The Government considers that the businessman is, in some way, functional to Javier Milei’s plan to discredit the BCRA and, thus, justify its closure during a possible libertarian government.
Note in progress.-
Source: Ambito
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