Circular CONAU 1-1667 R.I. - Payment Service Providers Offering Payment Accounts: Modifications

"Año de la Reconstrucción de la Nación Argentina" COMUNICACIÓN “A” 8207 28/02/2025 TO PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS:
Ref.: Circular
CONAU 1-1667:
R.I. - Payment Service Providers Offering Payment Accounts. Modifications. ___________________________________________________________________________ We address you to inform you of the modifications and additions introduced in the informational regime referenced, applicable from the information corresponding to the month of April 2025. In this regard, the following additions were made:

• Item “Balances to be settled” within Section II - Section A
• Opening of information corresponding to Section III - Section B by holder type
  (human/legal persons)
• Clarifications to the Specific Instructions within Section III – Section B
• Total number of payment accounts disaggregated by commercial or personal/non-commercial use within Section III - Section B - point c.
• Table of “Loans” within Section III - Section B - point d.
• Reasonableness control between the information from Sections A and B (Section III - Section B - point e.)
• Classification of transactions based on whether they correspond to credits and/or debits made, within Section III - Section B
• New concepts within Section III - Section B - point III.3. Table 1 “Payment Means”
• Point III.4. “Description of requested concepts” within Section III - Section B
  Likewise, items were grouped according to the initiation method in the “Information Model” of point III.2. and Table 2 “Payment Schemes” and its instructions of point III.3. were modified, both from Section III – Section B. The respective Consolidated Text is attached. We greet you attentively. CENTRAL BANK OF THE ARGENTINE REPUBLIC Rodrigo J. Danessa Estela M. del Pino Suárez Chief Manager of Information Regime and Information Central Offices General Manager of Information Regime and Protection of Financial Services Users
  ANNEX

INDEX
Section I – General Instructions
Section II – SECTION A: Information for supervision
II.1. Specific Instructions
II.2. Information Model
Section III – SECTION B: Statistical Information – National Payments System
III.1. Specific Instructions
III.2. Information Model
III.3. Complementary Tables
III.4. Description of requested concepts
Section IV – SECTION C: Quarterly Information
B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS Version: 2nd. COMMUNICATION “A” 8207 Validity:
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The deadline for submitting the information included in Sections A and B will operate - for all payment service providers offering payment accounts (PSPCP)- on the 22nd of the month following the month to which the data corresponds (or the immediate subsequent business day), while the deadline for submitting Section C will operate on the 20th of the month following the end of each calendar quarter. The first period for which information must be submitted - month for Sections A and B, calendar quarter for Section C - will be that in which the Superintendence of Financial and Exchange Entities has issued the certificate of registration in the “Registry of payment service providers”. Amounts will be recorded in thousands of pesos, without decimals. For the purpose of rounding magnitudes, values will be incremented by one unit when the first digit of the fractions is equal to or greater than 5, discarding those that are lower. The information will be submitted in accordance with what is established in the regulations on “Submission of information to the Central Bank of the Argentine Republic”. B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION I – GENERAL INSTRUCTIONS
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II.1. Specific Instructions
Regarding each day of the month under report, the data detailed in this Section must be integrated. Likewise, client inventories, bank statements, and all supporting documentation for the requested information on payment accounts and money market funds, must be kept available to the B.C.R.A. a. Client payment accounts a.1. Balance corresponding to funds credited in clients' payment accounts. a.2. Number of payment accounts that have client balances. a.3. Total number of clients' payment accounts. a.4. For each financial entity in which client payment account funds are credited, the following must be reported:

• Uniform Banking Key (CBU)
• Balance in checking account
  b. Balances invested in money market funds reported to clients b.1. Client balances invested in money market funds. b.2. Number of clients with investments in money market funds. b.3. For each money market fund in which client funds are invested, the following must be reported:
• Fund registration number, issued by the National Securities Commission
• Name or corporate name of the money market fund
• Balance of the money market fund corresponding to PSPCP client funds
• Agent Type:
  I. Investment Collective Product Administration Agent or Management Company
  II. Investment Collective Product Custody Agent or Depositary Company
  III. Placement and Distribution Agent
• Name or corporate name of the Agent
• Unique Tax Identification Key (C.U.I.T.) of the Agent
  c. Balances to be settled
  c.1. Balance pending crediting in clients' payment accounts. c.2. Number of payment accounts that have balances pending settlement. These are balances that are pending crediting in clients' payment accounts, such as sales made by merchants whose collections are made using a payment method that does not result in the immediate crediting of funds (for example, credit card), due to having agreed with the PSPCP - and based on the prevailing underlying regulations - a certain period for their effective settlement in the payment account. B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
  SECTION II – SECTION A: INFORMATION FOR SUPERVISION
  Version: 3rd. COMMUNICATION “A” 8207 Validity:
  01/04/2025 Page 1

II.2. Information Model
Code
Item
Concept Balance Quantity
CBU/Fund No. registration
Client payment accounts
10000dd Sum of client payment account balances 50000dd Total number of clients' payment accounts 20000dd Balances in checking accounts by financial entity Investments in money market funds 30000dd Sum of balances invested in money market funds 40000dd Balances invested by money market fund 60000dd Sum of balances to be settled in payment accounts B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION II – SECTION A: INFORMATION FOR SUPERVISION
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III.1. Specific Instructions
The following data must be integrated, grouped monthly according to the attributes detailed in points a, b, and d of this section and according to the “Information Model” of point III.2.:

1. Number of operations
2. Total amount
   Likewise, quantities regarding the additional data detailed in point c must be integrated. a. For all transactions performed They will be classified based on whether they correspond to credits and/or debits made by the PSPCP, the type of account to be credited, the type of holder (when referring to “Own Payment Account”), and the initiation method, according to the detail of items included in the “Information Model” of point III.2. At the same time, each of these items will be grouped according to the payment means and the payment scheme corresponding to Tables 1 and 2, respectively, detailed in point III.3. Transactions must be reported at the time they were settled regardless of their transaction date. Credits and/or debits must be reported when there is an impact on a client's payment account of the PSPCP. This includes the movement of funds that are invested and redeemed, as well as the interest obtained. Credits must be reported net of commissions and taxes. Only the amounts effectively deposited into clients' payment accounts of the PSPCP must be reported. In the case of debits, the amounts effectively withdrawn from clients' payment accounts of the PSPCP must be reported. b. For transfers They will be classified based on the detail of items included in the “Information Model” of point III.2. according to whether they correspond to:
   b.1. From CVU to CBU b.2. From CBU to CVU b.3. From CVU to CVU sent b.4. From CVU to CVU received B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
   SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
   Version: 2nd. COMMUNICATION “A” 8207 Validity:
   01/04/2025 Page 1

The information included in this point (items 500X000 of Transfers) must also be reported disaggregated within items 10XXXXX (credits) and 20XXXXX (debits), as applicable, and according to Tables 1 “Payment Means” (instant transfers “push” or “pull”) and 2 “Payment Schemes” (bank transfers from/to CBU or CVU). It must be completed with transfers made through the CVU and not administered by the PSPCP. That is, all other transfers made through a scheme specific to the PSPCP that have not been processed through a CVU are excluded from this point, for example: phone number, email, etc. Transfers made through the PSPCP's own payment schemes must be included in items 10XXXXX (credits) and 20XXXXX (debits), as applicable, as “push” / “pull” transfers.
c. Additional information on clients and accounts (by holder type)
c.1. Total number of clients involved in points a and b of this Section, disaggregated by commercial or personal/non-commercial use. c.2. Total number of payment accounts involved in points a and b of this Section, disaggregated by commercial or personal/non-commercial use. c.3. Total number of clients, disaggregated by commercial or personal/non-commercial use. c.4. Total number of payment accounts, disaggregated by commercial or personal/non-commercial use. d. Loans In the case of those PSPCPs that are also legally authorized to grant financing in their capacity as non-financial credit providers, they must report the data on loans granted and cancelled that have been credited or debited - respectively - in clients' payment accounts during the month under report. The information included in this point (items 70XX000 of Loans) must also be reported disaggregated within items 10XXXXX (credits) and 20XXXXX (debits) as applicable and according to Tables 1 (Payment Means) and 2 (Payment Schemes). e. Reasonableness control regarding balances reported in Section A The total balance of funds credited in clients' payment accounts corresponding to the last day of the month under report reported in Section A, must be equal to that which was sent for the last day of the month prior to the month under report in said Section A plus the sum of credits and minus the sum of debits from
Section B corresponding to the month under report.
B.C.R.A.
INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 2nd. COMMUNICATION “A” 8207 Validity:
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III.2. Information Model
XX: 10 = human persons; 20 = legal persons.
B.C.R.A.
INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Code
Item Concept
Payment
Means
Table 1
Payment
Scheme
Table 2
Number of ops.
Total
Amount
CREDITS IN
Own Payment Account – Commercial
10101XX ApMobil-NFC Contactless
10102XX ApMobil-QR
10103XX ApMobil-Payment Button
10104XX ApWeb-Payment Button
10105XX POS/POS Mobile-Magnetic Strip
10106XX POS/POS Mobile-NFC Contactless
10107XX POS/POS Mobile-Chip
10108XX Branch/Agent/Merchant
10109XX ATM
10199XX Not available/Not known
Own Payment Account – Personal/Non-commercial
10201XX ApMobil-NFC Contactless
10202XX ApMobil-QR
10203XX ApMobil-Payment Button
10204XX ApWeb-Payment Button
10205XX POS/POS Mobile-Magnetic Strip
10206XX POS/POS Mobile-NFC Contactless
10207XX POS/POS Mobile-Chip
10208XX Branch/Agent/Merchant
10209XX ATM
10299XX Not available/Not known
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III.2. Information Model (continued)
Code
Item Concept
Payment
Means
Table 1
Payment
Scheme
Table 2
Number of ops.
Total
Amount
DEBITS TO
Own Payment Account – Commercial
20101XX ApMobil-NFC Contactless
20102XX ApMobil-QR
20103XX ApMobil-Payment Button
20104XX ApWeb-Payment Button
20105XX POS/POS Mobile-Magnetic Strip
20106XX POS/POS Mobile–NFC Contactless
20107XX POS/POS Mobile–Chip
Own Payment Account – Personal/Non-commercial
20201XX ApMobil-NFC Contactless
20202XX ApMobil-QR
20203XX ApMobil-Payment Button
20204XX ApWeb-Payment Button
20205XX POS/POS Mobile-Magnetic Strip
20206XX POS/POS Mobile-NFC Contactless
20207XX POS/POS Mobile-Chip
Account of another PSPCP
2030100 ApMobil-NFC Contactless
2030200 ApMobil-QR
2030300 ApMobil-Payment Button
2030400 ApWeb-Payment Button
2030500 POS/POS Mobile-Magnetic Strip
2030600 POS/POS Mobile-NFC Contactless
2030700 POS/POS Mobile-Chip
Account of Financial Entity (EF)
2040100 ApMobil-NFC Contactless
2040200 ApMobil-QR
2040300 ApMobil-Payment Button
2040400 ApWeb-Payment Button
2040500 POS/POS Mobile-Magnetic Strip
2040600 POS/POS Mobile-NFC Contactless
2040700 POS/POS Mobile-Chip
Others
2050100 Branch/Agent/Merchant
2050200 ATM
XX: 10 = human persons; 20 = legal persons.
B.C.R.A.
INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 3rd. COMMUNICATION “A” 8207 Validity:
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III.2. Information Model (continued)
Code
Item Concept
Payment
Means
Table 1
Payment
Scheme
Table 2
Number of operations
Total
Amount
TRANSFERS
5001000 From CVU to CBU
5002000 From CBU to CVU
5003000 From CVU to CVU credited
5004000 From CVU to CVU debited
Code
Item Concept
Payment
Means
Table 1
Payment
Scheme
Table 2
Number Total
Amount
CLIENTS AND ACCOUNTS
Total clients involved in transactions
60110XX Commercial
60120XX Personal/Non-commercial
Total clients involved in transfers
60130XX Commercial
60140XX Personal/Non-commercial
Total payment accounts involved in transactions 60210XX Commercial 60220XX Personal/Non-commercial Total payment accounts involved in transfers 60230XX Commercial 60240XX Personal/Non-commercial Total clients 60310XX Commercial 60320XX Personal/Non-commercial Total payment accounts 60410XX Commercial 60420XX Personal/Non-commercial XX: 10 = human persons; 20 = legal persons. Code Item Concept Payment Means
Table 1
Payment
Scheme
Table 2
Number of operations
Total
Amount
LOANS
7011000 Granted to clients
7012000 Cancelled by clients
B.C.R.A.
INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 2nd. COMMUNICATION “A” 8207 Validity:
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III.3. Complementary Tables
TABLE 1: Payment Means
Code Description
1 Credit Card
2 Debit Card
3 Prepaid Card
5 Cash
6 Instant “push” transfers
7 Instant “pull” transfers
8 Payments with Transfer (PCT)
9 Immediate Debit – Spot
10 Immediate Debit – Recurring
TABLE 2: Payment Schemes
If the payment means indicated is: credit card / debit card / prepaid card, the brand code assigned in the table called “Card Brands Table” available on the exclusive Internet site of the BCRA (https://www3.bcra.gob.ar) must be integrated. In other cases, it will be completed according to whether it is:
Code Description
00007 Bank transfers from/to CBU
00008 Bank transfers from/to CVU
00009 Own payment scheme
B.C.R.A.
INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 1st. COMMUNICATION “A” 8207 Validity:
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III.4. Description of requested concepts
Initiation Method/Access Channel
ApMobil-NFC Contactless: initiation method where the payer (ordering client) places their cell phone on a merchant's (receiving client) NFC reader (contactless technology). ApMobil-QR: initiation method where the payer (ordering client) scans a QR code displayed by the merchant (receiving client) with their cell phone. ApMobil-Payment Button: initiation method where the ordering client makes the payment or transfer by entering a link/button within a mobile application. ApWeb-Payment Button: initiation method where the ordering client makes the payment or transfer by entering a link/button located on a Website. POS/POS Mobile-Magnetic Strip: initiation method where the payment is made by reading, with a point of sale terminal (POS), the credentials of a payment card through the magnetic strip. POS/POS Mobile-NFC Contactless: initiation method where the payment is made by reading, with a point of sale terminal (POS), the credentials of a payment card through the NFC chip of contactless technology. POS/POS Mobile-Chip: initiation method where the payment is made by reading, with a point of sale terminal (POS), the credentials of a payment card through the EMV chip. Branch/Agent/Merchant: access channel used when a payment, deposit, or withdrawal is made with cash at a merchant or collection agency. ATM: access channel used when a payment, deposit, or withdrawal is made with cash through an ATM. Not available/Not known: concept to be used in case of not having information on the initiation method or access channel of the operations. Account to be credited “Commercial” payment account: must be used when the usual movements of the account are related to the client's commercial activity (can be a human or legal person). The criterion for defining the category based on habitual use is attributed to each PSPCP. “Personal/non-commercial” payment account: must be used when the movements do not relate to commercial activities (can be a human or legal person). Account of another PSPCP: is used in the case where the recipient of the payment or transfer credits their funds in a payment account of another PSPCP different from the one making the submission to the IR. Financial Entity (EF) Account: is used in the case where the recipient of the payment or transfer credits their funds in a bank account. Others: is used in the case where funds are not credited to an account, but are withdrawn in cash. B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 1st. COMMUNICATION “A” 8207 Validity:
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Transfers
From CVU to CBU: transfers processed from CVU of PSPCP clients to accounts in financial entities. From CBU to CVU: transfers received from accounts in financial entities to CVU of PSPCP clients. From CVU to CVU credited: transfers received from payment accounts (of another PSPCP or of the PSPCP making the submission) to the CVU of PSPCP clients. From CVU to CVU debited: transfers processed from CVU of PSPCP clients to payment accounts (of another PSPCP or of the PSPCP making the submission). Payment Means Instant “push” transfers: fund transfers that debit the ordering client's account and credit the receiving client's account instantly. Instant “pull” transfers: requests or orders for funds that allow, through the debit of the requesting client's account - checking or payment - and prior authorization or consent, both tacit and explicit, the immediate crediting of funds in the account of the requesting client. Payment with Transfer (PCT): instant transfers used to make a payment for the acquisition of a good and/or service with the participation of an acceptor. The acceptor offers merchants the tools to collect with this payment means. PCTs have commercial rules different from the rest of the instant transfers. Immediate Debit (DEBIN): online transfer in which the payee initiates the process and the payer only needs to accept it (with an authorization operation by operation called “DEBIN spot” or with a general authorization for the case of “DEBIN recurring”); account funding transactions for own accounts will not be reported as DEBIN, which must be reported as instant “pull” transfers. B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION III – SECTION B: STATISTICAL INFORMATION – NATIONAL PAYMENTS SYSTEM
Version: 1st. COMMUNICATION “A” 8207 Validity:
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An external auditor's Special Report must be submitted certifying compliance with the regulations established by the BCRA applicable to “Payment Service Providers Offering Payment Accounts” and the integrity of the information contained in Section A of this information regime, with the pertinent certification by the Professional Council of Economic Sciences in which they are registered. When it concerns the final quarter ending on December 31, it must also contain the opinion on compliance with regulations on “Protection of financial services users”. The report must be prepared in accordance with the model and procedures established in the Consolidated Text “Report of Independent Public Accountants on Compliance with BCRA Regulations by Payment Service Providers”. B.C.R.A. INFORMATION REGIME FOR PAYMENT SERVICE PROVIDERS OFFERING PAYMENT ACCOUNTS
SECTION VI – SECTION C: QUARTERLY INFORMATION
Version: 4th. COMMUNICATION “A” 8207 Validity:
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