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A comment on Visa and Mastercard: The global payment duopoly (2024). Parent comment

Re:Visa and Mastercard: The global payment duopoly (2024) by kwanbix on Thursday July 24, 2025 @08:26PM (#44678012)
In Argentina we have Mercado Pago which is basically this.
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Re:Visa and Mastercard: The global payment duopoly (2024) by mzitelli on Thursday July 24, 2025 @08:36PM (#44678088)
It is not the same. Mercado Pago is a product from Mercado Livre and charges at least 0.8% per transaction.
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Re:Visa and Mastercard: The global payment duopoly (2024) by paulsen on Thursday July 24, 2025 @11:21PM (#44679247)
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

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Re:Visa and Mastercard: The global payment duopoly (2024) by kwanbix on Thursday July 24, 2025 @10:30PM (#44678892)
If you transfer between accounts is free.
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