The month of analysis is February 2026 except for withdrawals, credit cards, debit cards and transport cards that the information corresponds to January 2026 and prepaid cards to December 2025 (latest available data).

In February, remittances in pesos (immediate “push” transfers) saw a growth in amounts of 25.5% YoY.

− In pesos: 650.3 million transactions were registered for $74.8 billion, implying year-on-year increases of 25.5% and 13.3% in amounts and real amounts, respectively. 75.8% of the transactions had a CVU as their origin and/or destination.
− In foreign currency: 2.2 million operations were registered (9.9% YoY) for USD 2,890.2 million (-1.9% YoY in currency of origin).

Money inflows in pesos (“pull” instant transfers) reached 38.1 million operations in February.

− 38.1 million transfers were made for $3.7 trillion, representing year-on-year increases of 5.7% in amounts and 7.1% in real amounts.

Payments with transfer (PCT) interoperable through the QR totaled 88.9 million transactions in pesos.

− 89.9 million PCT operations were carried out (42.7% YoY) in pesos, for a total of $2.1 trillion (49.6% YoY in real terms).

– QR: 98.9% of PCTs were started with QR codes, representing 88.9 million payments (46.4% YoY) for $2.1 trillion (54.2% YoY in real terms). 52.4% were made by customers who used their demand accounts (CBU) and 47.6% in their payment accounts (CVU). On the other hand, in stores, 54.2% of transactions were credited to payment accounts, while the remaining 45.8% were channeled to demand accounts.

Currently, 87 interoperable digital wallets and 61 PCT acceptors are registered with the BCRA.

– With random keys: 1.1% used a token for the start of PCTs; It is about 1 million operations (-55.6% YoY) for $33.4 billion (-47.5% YoY in real terms).

Payment accounts and funds invested through PSPCPs
In January, out of a total of 68.4 million payment accounts, 16.1 million had a balance totaling $0.7 trillion pesos. For its part, the balances invested in FCI of money reached $ 7.3 trillion in the same month. Considered together, both concepts represented 7.3% of the total deposits in pesos of the private sector. A total of 215 PSPCPs are currently included in the Register of Payment Service Providers.

Direct
debitIn February, 11.1 million direct debits were made (-4.9% YoY) for a total of $1.8 trillion (5% YoY in real terms). The effectiveness rate reached 43%.

Checks. 82.8% of the amounts cleared in February corresponded to ECHEQ
− 4.5 million checks (physical and electronic in pesos) were cleared for a total of $19.6 billion. ECHEQ’s share of the total number of cleared persons reached 61.4% in quantities (2.8 million electronic checks) and 82.8% in amounts ($16.3 billion).
− Likewise, given the implementation of the ECHEQ in dollars, in February 34 checks were cleared for a total amount of USD 6 million.
− Rejections for reasons of “insufficient funds”: the ratio to the total compensated totaled 2% in amounts and 1.5% in amounts.

Cards. Debit card usage outpaced credit cards
− Debit: 174.3 million transactions were made for $5.1 trillion pesos in January (latest available data), with decreases of 10.4% YoY in amounts and 14.3% YoY in real amounts. Likewise, in January, 11.7 thousand transactions were made in foreign currency for USD 7.1 million (98.4% were processed through the e-commerce channel).
− Credit: year-on-year variations of -0.7% in amounts and -4.7% in real amounts were observed, with 159.4 million payments being made for $9.2 trillion. The most used channels were e-commerce with 37.9%, POS and QR with 37.5%, and automatic debit with 14.9% in quantities.
The interoperable QR reached 5% of the total number of credit cards, in quantities. For its part, the one-payment modality represented 87.4% in amounts and 65% in amounts of the total operations.

Transportation
− Prepaid transport cards: about 240.4 million trips were made (-18.4% YoY) using the SUBE card in January, totaling $0.137 billion (a drop of 8% YoY in real terms).
− QR trips: 16.5 million trips were made in February, totaling $17.5 billion, mainly on buses (14.9 million, 90.6% of the total) and on the different subway lines (1.5 million, 9.4%).

Electronic Invoicing for MSMEs (FCEM)
In the month under analysis, 85.7% of the operations were carried out in pesos, with 66.5 thousand invoices entering the open circulation system (SCA) for $ 1.4 trillion.

Extractions
89% of withdrawals were made from ATMs.

− ATMs: in January (latest available data) 43.8 million withdrawals were made from the 17,238 available ATMs for a total of $ 4.2 billion, with approximately 2,541 being the average number of withdrawals at each ATM in the month. The average withdrawal amount reached $94.8k.
− Extrabank debit cards: 3.3 million withdrawals for $0.2 billion, with an average amount of $65.8 thousand.
− Extrabank withdrawals from intra-PSPCP (“closed loop“) payment accounts: 2.1 million withdrawals for $0.12 billion, with an average amount of $61.2 thousand.