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Ualá is an Argentine fintech company that provides a mobile application for managing a Mastercard prepaid debit card and other financial services. The company was founded by Pierpaolo Barbieri and investors include Point72 Ventures. [2]
In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [35]
Visa Electron was a debit card product that used the Visa payment system.It was offered by issuing banks in every country with the exception of Canada, Australia, Argentina, Ireland and the United States. [1]
Credit cards; Revenue: US$ 5.1 billion (2010–2011) ... Banco de la Nación Argentina (BNA; English: Bank of the Argentine Nation) is a large bank in Argentina, ...
The current ID card is an ID-1 (credit card size) polycarbonate with an embedded RFID chip. It is covered with multi-color guillochés and appears blue and light-blue from a distance. All the information on it (except for nationality, DOCUMENTO NACIONAL DE IDENTIDAD, and everything on the rear side), is given in Spanish, and English.
Citibank Argentina was established in 1914 as the Buenos Aires branch of the National City Bank of New York, and the first of any United States bank in Argentina. The bank remained a secondary name in Argentine banking; but earned renown for the quality of its services: its Paylink payment processing network made it the first bank in Argentina to earn an ISO 9000 (1997), and in 2002 ...
Brubank was founded in 2017. Juan Bruchou, CEO of Citibank Argentina, had proposed an entirely digital bank, without branch offices. Brubank obtained license by the Central Bank of Argentina to operate in September 2018. After a first "friends and family" trial, Brubank launched its app on Apple and Android stores. [5]
Still, the level of bank utilization in Argentina remained relatively low, and bank intermediation represented only about 30% of the GDP — a much lower ratio than those of Chile, Mexico, or Brazil, for example. Nevertheless, the banking system suffered a fatal flaw: it lent dollars and took deposits in Argentine pesos (nominally argendollars).