A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other options in the country.
Argentina Goes Digital in Payments Arena
Argentines are slowly turning to digital payments, including QR code and digital wallet transfers, as part of their everyday arsenal to settle payments, according to a recent study made by Fiserv, a global payments company. The study found that the payment preferences of Argentines have shifted, abandoning legacy options for digital payment methods.
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According to the study, 34% of Argentines prefer to use QR and
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