Argentina · Account Transfer · Est. 2016
Argentina's Sistema Nacional de Pagos enables instant interbank transfers supporting both push (credit) and pull (debit) payments via CBU (bank account), CVU (virtual wallet), or alias (human-readable name). Operated by the BCRA, it connects traditional banks and the rapidly growing fintech/e-wallet ecosystem (Mercado Pago, Ualá, etc.). Transferencias 3.0 extended the system with interoperable QR codes for merchant payments, making it one of Latin America's most feature-rich instant payment platforms.
SNP is Argentina’s real-time payment system (Account Transfer), launched in 2016. Argentinas Sistema Nacional de Pagos enables instant interbank transfers supporting both push (credit) and pull (debit) payments via CBU (bank account), CVU (virtual wallet), or alias (human-readable name).
SNP processed 8.0 billion transactions worth $590.4bn in 2025, a year-on-year change of +2.6%.
SNP is operated by BCRA, with instant settlement.
SNP launched in 2016, and today has 80 participating institutions.
SNP supports proxy/alias lookup, request-to-pay.
Data source: BCRA.
| Capability | Status |
|---|---|
| QR Code Payments | ◐ |
| Wallet Support | ◐ |
| 24/7 Availability | ✓ |
| Cross-Border | — |
| ISO 20022 | — |
| Request to Pay | ✓ |
| Open API | ◐ |
| Alias/Proxy | ✓ |