Credit Cards

Argentina Peso

Argentine household debt hits 13% delinquency high

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In May, delinquency rates among Argentine households increased for the 19th consecutive month, approaching 13% of total household credit. At non-financial institutions such as fintech companies and digital wallets, that figure surpasses 32% — a record high in both instances. The data originates from a report utilising official statistics provided by consulting firm 1816, which … Read more

Blue Dollar Updates

SUBE card still necessary for getting around Buenos Aires

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The Sistema Único de Boleto Electrónico (Unique Electronic Ticket System), commonly referred to by its SUBE acronym, achieved widespread adoption in Buenos Aires City and its metropolitan area following its introduction in 2009, supplanting cash and alternative payment methods. However, recent changes in legislation have placed it in a state of uncertainty, and the card … Read more