Users say goodbye to paid accounts

Previously, the interest generated by the balances in the users’ accounts was compensated to the latter, but now, the company can retain these benefits. With this decision by the BCRA, Mercado Pago is authorized to keep the profits generated by its users’ money, while the latter assume the associated risk.

One of the most important criticisms of this measure is that Mercado Pago is not obliged to comply with the same BCRA regulations that traditional banks must comply with. This creates a scenario where the company Marcos Galperin You can operate with greater flexibility and fewer restrictions, increasing your profits.

Mercado Pago: changes in QR payments

At the request of the Central Bank and other financial institutions, the platform had to enable the interoperable use of its QR codes on its terminals, which means that now these can be used with all virtual wallets.

The Mercado Pago authorities announced that this new measure began last Monday and that “It will be available in three retail chains. As in all technical development, the expansion to the rest of the businesses will be progressive.”

“An agreement was reached with the banks to advance QR interoperability of credit cards in the contractual and technical terms that had yet to be defined. On the Mercado Pago side, everything is ready and the issue has been resolved,” they expressed.

How to request the Mercado Pago card

Enter the App: enter the application from your mobile device.
Go to “My card”: From the home page of the app, select the “Go to my card” option.
Request the physical card: In the menu that appears, search and select the option “I ordered your physical card”.
Complete the data– Follow the steps indicated to enter your personal information and confirm the shipping address.