The Argentine Republic is a country in South America, bordered by Chile to the west and south, Bolivia and Paraguay to the north and Brazil and Uruguay to the northeast. Link to external site : Website for Argentina |  |
| Wallets | |
| Development | Secondary Emerging |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
262,450.81 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
54.882 Upgrade to Bronze |
| Currency | ARS |
| Class | |
| CountryISO | AR |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Claro (America Movil)",19605242],["Personal (Telecom Argentina)",18004084],["Movistar (Telef\u00f3nica)",16000000],["Nextel (NII)",1272293]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",6206564],["Q4 2001",6564568],["Q4 2002",6522424],["Q4 2003",7600000],["Q4 2004",12969700],["Q4 2005",21432300],["Q4 2006",30204400],["Q4 2007",38561200],["Q4 2008",43713600],["Q4 2009",48424000],["Q4 2010",52217500],["Q4 2011",54992873],["Q4 2012",56854516],["Q4 2013",57929177],["Q4 2014",58538033]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Mobile",2],["Web",2]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",1],["Bank",1],["PSP",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MB",1],["MM",1],["OP",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BP",2],["CICO",1],["DMT",3],["MB",1],["MM",1],["MP",3],["OP",1],["Trade",2],["Wallet",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",1],["Card",2],["Wallet",2]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system based on West European legal systems; note - efforts at civil code reform begun in the mid-1980s has stagnated Upgrade to Bronze |
| Law is based on |
The Spanish legal tradition had a great influence on the Civil Code of Argentina; Also German influence. Upgrade to Bronze |
| Approach |
Short leash Upgrade to Bronze |
| Sectors active in Digital Money |
NonBank Upgrade to Bronze |
| Exclusivity | |
| Certainty | |
| Openness |
Medium Upgrade to Bronze |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
TP Led Upgrade to Bronze |
| E-Money |
No e-money regulation. Lack of emoney regulation hinders nonbanks from entering as e-money issuers Upgrade to Bronze |
| Payment |
Services like Monedero considered retail payment services and not subject to pridential rules, licensing or registration Nonbanks providing payment services are not currently subject to AML/CFT regs of BCRA or FIU. |
| Agent |
Update 201202 from BCRA Website: Currently no regulations to allow FIs to use third party agents for delivery of FS including payments outside bank branches. Regulations in draft Upgrade to Bronze |
| Money Transfer | |
| Taxation |
Financial transaction tax on withdrawal/credits Upgrade to Bronze |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",125.93],["Banked",28],["Internet",24],["Urban",92],["Adult",74],["Literate",97.6446]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 39.50 |
| Adult % | 74.00 |
| Migrants % |
4.00 Register/Log In |
| Stock Immigrants ('000) |
1,449.30 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
6,700.00 Upgrade to Bronze |
| Internal Migration Rate % |
19.90 Upgrade to Bronze |
| Intl Movement Rate % | |
| Urban % | 92.00 |
| Female % | 53.40 |
| Literate % | 97.64 |
| Annual Growth % |
-1.20 Upgrade to Bronze |
| Mobile Penetration % | 125.93 |
| Banked % | 28.00 |
| Access to FS % | 28.00 |
| Internet % | 24.00 |
| Branches per 100k adults | 13.33 |
| ATMs per 100k adults | 33.04 |
| POS per 100k adults | 0.00 |
| Prepaid % | 73.20 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 28.44 |
| Monthly ARPU |
13.71 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? |
Conditional Upgrade to Bronze |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Rapid Growth Upgrade to Bronze |
| Registered Wallet Users |
5,000 Upgrade to Bronze |
| Top Wallets |
NaranjaMO Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |
Movistar Trivnet Upgrade to Bronze |