Regulatory Alerts2025-07-25 | A 8287BCRA Circular SINAP 1-232: Payment Service Providers Update
The Central Bank of the Argentine Republic (BCRA) issued Communication “A” 8287 to update the consolidated regulations governing Payment Service Providers (PSPs) and payment account providers. The circular mandates that qualifying PSPs register with the Financial and Currency Entities Superintendence (SEFYC) via a dedicated electronic application, providing specific corporate, operational, and contact data while clearly separating multiple registered functions. It also establishes updated administrative rules, acceptance and acquisition procedures, and enforcement sanctions for non-compliance under Articles 41 and 42 of the Financial Entities Law.
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