ARG CB National Payment System 2025

Updated on: Feb 10, 2025

Latest Event


  • Feb. 5, 2025 ARG CB Official Publication
  • On Feb. 5, 2025, ARG CB published Communication A 8180 in the official gazette.

On Jan. 16, ARG CB adjusted payment services and immediate debit.

  • ARG CB issued Circular SINAP 1-227, Communication A 8180 re the payment system.
  • Approved a set of regulations aimed at promoting currency competition in order to allow people and businesses to use the currency they want in their daily transactions.
  • Follows 2024 ARG CB updates to the National Payment System, see #176200, 210616
  • Highlights
  • Measures in points 4.4., 5.5.4., 5.6., 7.3. of the National Payment System, Payment Services text are applicable to payments with debit cards, in pesos and US dollars.
  • Regulate recurring immediate debit (DEBIN) to pay goods or services in installments.
  • In a variant called scheduled DEBIN, to which the rules established for this modality in the ordered text on the National Payment System, Immediate Debit are applicable.
  • Specified exceptions for immediate debit use, such as reversals and chargebacks.
  • USD debit card payments must be available for those who wish to accept the method.
  • Effectiveness
  • Communication A 8180 in force on Feb. 28, 2025, except point 1. on Apr. 1, 2025.
  • Feb. 5, 2025 ARG CB Official Publication
  • On Feb. 5, 2025, ARG CB published Communication A 8180 in the official gazette.
Regulators
ARG CB
Entity Types
Bank; MSB
Reference
OG, 2/5/2025; PR, Cir SINAP 1-227, Com A 8180, 1/16/2025
Functions
Compliance; Legal; Operations
Countries
Argentina
Category
State
N/A
Products
Banking; Cards; Deposits; Forex; Payments
Rule Type
Final
Regions
Am
Rule Date
Jan 16, 2025
Effective Date
Feb 28, 2025
Rule ID
240404
Linked to
N/A
Reg. Last Update
Feb 5, 2025
Report Section
International