A hand holds a mobile phone displaying the logo of a payment app, featuring a design of two hands shaking and the text "mercado pago," next to an enlarged image of the same logo.
ARGENTINA

Mercado Pago launched a challenge with a cash reward: how to get it

One of the most used virtual wallets in Argentina launched a special promotion.

Mercado Pago, the most used virtual wallet in Argentina, launched an exclusive promotion for its users. 

During March, those who meet certain requirements can receive a $5000 refund directly into their account.

Fixed term: which banks and virtual wallets offer the best rates
Mercado Pago, the most used virtual wallet in Argentina | La Derecha Diario

How to access the $5000 refund?

To obtain the benefit, users must meet these conditions:

  • Deposit $185,000 into their account.
  • Make three payments with the application.

The money will be credited to the user's account within two business days after completing the challenge.

How do the benefits of this virtual wallet work?

This application implemented a system of incentive challenges to encourage its use and attract more users. The transactions that can generate benefits include:

  • Deposits from accounts in the holder's name.
  • QR payments at participating merchants.
  • Payment of services and other accounts.
  • Purchases with the application's card.
Mobile app screen showing a ,000 available balance with transaction icons and a credit card.
This application implemented a system of challenges with incentives | La Derecha Diario

To participate, each transaction must be at least $6000. The only valid payment method is the available balance in the account.

The most used virtual wallets in Argentina

According to a report by the Taquion agency, 64% of Argentines use digital wallets daily. Among them, the market leader has a 74% daily active user rate.

Mobile app icons including Naranja X, Personal Pay, BNA+, and more. Those who will have to be careful not to exceed the new transfer amounts imposed by ARCA in December 2024.
64% of Argentinians use digital wallets daily | La Derecha Diario

The ranking of the most used virtual wallets in the country includes:

  • Mercado Pago
  • Cuenta DNI
  • Naranja X
  • Personal Pay
  • MODO
  • Ualá
  • Brubank
  • Prex
  • Claro Pay
  • Lemon Cash
  • Astro Pay
  • Yoy
  • Buepp
  • Ripio
  • NIU
  • Bitso

This new promotion aims to continue strengthening the use of digital payments in the country, incentivizing users with cash refunds.

➡️ Argentina

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