Starting on July 1, installment plans will remain in effect thanks to the initiative of private companies. They now offer alternatives to the official program that will cease to operate on June 30.
With the endorsement of the Government of Javier Milei, which is committed to a freer and more competitive market, financing is now in the hands of the financial sector's own players.
Los planes en cuotas seguirán vigentes gracias a la iniciativa de empresas privadas
What happens after the end of Cuota Simple
The Cuota Simple plan has so far allowed purchases with credit cards in 3 and 6 fixed installments. Since its conclusion, fintechs and banks have decided to take the lead.
Payway and Fiserv, two of the country's leading payment companies, have announced new proposals for businesses of all kinds.
Cuotas MiPyME: Payway's proposal
Payway will launch the "Cuotas MiPyME" plan on July 1, aimed at small and medium-sized businesses. It will allow them to offer 3 or 6 fixed installments, with rates similar to Cuota Simple.
Cuotas MiPyME: la propuesta de Payway
Payment will be credited in 10 days and all bank cards will be accepted, with no restrictions on sector or purchase limit. It also doesn't require prior enrollment for those already operating with the company.
Up to 12 installments: Fiserv's proposal
Fiserv went further and will allow up to 12 fixed installments on domestic or imported products, with promotional rates.
Hasta 12 cuotas: la propuesta de Fiserv
The system will operate automatically for businesses using Clover, PosNet or ecommerce, and will offer payments in 48 hours, regardless of the sector or size of the business.
