YPF Intensifies Competition with Virtual Wallets: Has Partnered with Santander and Will Pay Interest in Pesos on Users' Money in the App
YPF has partnered with Santander Argentina to offer users interest on their virtual wallet balances, intensifying competition with existing digital wallet services.
Cash Loses Ground: Digital Wallets Surpass 50% Adoption in Mexico
Digital wallets in Mexico have surpassed 50% adoption among mobile phone users, driven by the rise of e-commerce and a demand for contactless payment experiences.
"They Maintain a Privilege": The Fintech Response After Losing a Key Battle with the Banks
Fintech companies in Argentina express discontent after the government retracts a proposal allowing salary payments through digital wallets, capitulating to pressure from traditional banks.
Itaú and Mastercard suffer new defeat in court action regarding digital wallets
The 14th Chamber of Private Law of the Rio de Janeiro Court of Justice unanimously decided to maintain a lower court ruling requiring Itaú and Mastercard to stop obstructing or blocking the use of their credit cards in digital wallets as a payment method.
Just one phone call and they empty your account: beware of the digital wallet scam
A new scam allows criminals to link victims' bank accounts to their digital wallets with just a phone call, leading to empty accounts.