Virtual wallets and financial applications are increasingly gaining ground among Argentines. According to data from the Central Bank, last November 16.1 million payment accounts were registered with a total balance of $226.3 billion.
In total, balances in virtual wallets and those invested via common funds represented 3.3% of private sector deposits in banks at the end of the year. What are the most used wallets and what are the economic groups behind them? Who owns Mercado Pago and Prex?