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Comment by kwanbix

7 months ago

In Argentina we have Mercado Pago which is basically this.

It is not the same. Mercado Pago is a product from Mercado Livre and charges at least 0.8% per transaction.

  • Transfers from a bank to another and between banks and/or digital wallets (like MercadoPago) are free and almost 99% of time instant in Argentina

    The transfer system is like that due to government regulation