Bye Mercado Pago: the virtual wallet falls to the bottom of the performance table

Bye Mercado Pago: the virtual wallet falls to the bottom of the performance table

Although none beat inflation, some are an option if you want to make a payment in the short term or simply let the money continue working throughout the month.

The virtual wallets offer remunerated accounts, which become a good option in contexts of high inflation. In this case, speaking of the app performance not only of fintech, but also of banks, Mercado Pago loses attractiveness compared to other Fintechs and Banks. It should be noted that the BCRA released the minimum payment rate in fixed terms.

Advantages of having a paid account

  • Allows investing unfrozen money, get daily profits and have the funds at any time no redemption period.
  • They are an investment in a FCI money market: an instrument that invests daily and shows the interest it generated 24 hours a day, allowing daily monitoring.

Therefore, they are An interesting option if you want to make a payment in the short term or simply let the money continue working throughout the month.

How much does each virtual wallet yield?

Likewise, they are easy to use. They are 100% online, you need to choose one virtual wallet with balance investment option that are available for anyone over 18 years old.

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Annual interest rates from high to low

1. Orange: 76.00% (with a limit of $300,000)

2. Supervielle Bank: 69.08%

3. PersonalPay: 66.62% (varies depending on the money deposited the previous month)

4. n1u: 65.19%

5. Prex: 64.30% (varies depending on the amount of money deposited)

6. Ualá: 64.71%

7. Galicia Bank: 63.22%

8. Sure PAY: 63.20%

9. Payment Market: 62.38%

10. AstroPay: 59.7%

eleven. Let’s Bit: 59.96%

Source: Ambito

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