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In Argentina we have Mercado Pago which is basically this.

• mzitelli 1y ago
  It is not the same. Mercado Pago is a product from Mercado Livre and charges at least 0.8% per transaction.
  • kwanbix 1y ago
    If you transfer between accounts is free.
  • paulsen 1y ago
    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