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Bitso: Rolls out QR code payments in Argentina

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Bitso: Rolls out QR code payments in Argentina

  • Bitso, the leading cryptocurrency platform in Latin America, with more than 5 million users
  • Launches its crypto-enabled QR code payments system in Argentina — a first for the region
  • This new service allows more than one million customers in Argentina to make everyday payments from the app at any store
  • If users choose to make a payment with cryptocurrency, automatic conversion to Argentine pesos
  • The payment will then be sent to the merchant. If the payment is made directly with pesos, no charge applies
  • According to the Mastercard New Payments Index, 59% of Argentinians have used QR payments in the last year
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