Accept payments in Argentina

Argentine Payment Market Overview

There are many aspects that confirm the fact that the Argentine market is projected as one of the fastest growing in the next four years. The increase in the use of mobile devices and the consumer features of this country, make that the companies planning to invest in Latin America find in Argentina a promising and effective scenario to compete in global ecommerce.

Argentina has a 45 million population and with a very active consumption behavior. The latest report from CACE (Cámara Argentina de Comercio Electrónico) showed that 90% of the adults connected to the Internet already bought online. The natural evolution of the ecommerce offer and the technology adoption makes that online commerce will keep growing for the next decate by at least 10% per year.

Payment Methods in Argentina

Key Market Indicators in Argentina

Banks in Argentina

Mobile Carriers in Argentina

Integrate Argentine Payment Methods

Argentina, like many emerging markets has a low credit card penetration rate and is home to many unbanked users who do not have access to banking services. The most popular Argentine payment methods for online purchases are prepaid cards and direct carrier billing (mobile payments through SMS). Prepaid cash cards are particularly popular due to digital security concerns within the country.

In Argentina, cash payment options like PagoFacil and RapiPago are important online payment methods. The shopper orders online and pays with cash in specific stores and locations. These cash options are followed by debit and credit cards from MasterCard and VISA.