RegAlert2026-10-02 | A 8488Added
Circular SINAP 1-256: Payment Service Providers. Update.
The Central Bank of the Argentine Republic updates the ordered text for Payment Service Providers by incorporating provisions from Communication A 8472, effective October 3, 2026. The update replaces previously provided pages and adds definitions for ATM networks, electronic fund transfer networks, acquiring, aggregation, and extrabank collection companies, while also clarifying sanctions for non-compliance. The revised text, with modifications highlighted, is available on the BCRA website.
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"2026 - YEAR OF ARGENTINE GREATNESS" COMMUNICATION "A" 8488 02/10/2026
TO FINANCIAL ENTITIES,
TO ATM NETWORKS,
TO ELECTRONIC FUND TRANSFER NETWORKS, TO ADMINISTRATORS OF ELECTRONIC FUND TRANSFER PAYMENT SCHEMES, TO PAYMENT SERVICE PROVIDERS, TO PAYMENT SERVICE PROVIDERS THAT OFFER PAYMENT ACCOUNTS, TO PAYMENT SERVICE PROVIDERS THAT PERFORM THE INITIATION FUNCTION, TO PAYMENT ACCEPTORS WITH TRANSFER, TO QR ADMINISTRATORS, TO CARD PAYMENT ACQUIRERS, TO PAYMENT INSTRUMENT AGGREGATORS, TO EXTRABANK COLLECTION COMPANIES FOR TAXES AND/OR SERVICES:
Ref.: Circular
SINAP 1-256:
Payment Service Providers. Update.
We address ourselves to you to deliver to you attached the sheets that, in replacement of those provided at the appropriate time, must be incorporated into the ordered text on Payment Service Providers based on the provisions disseminated through Communication A 8472.
It is recalled that on this Institution's website www.bcra.gob.ar, by accessing "Financial System – LEGAL AND REGULATORY FRAMEWORK – Ordering and summaries – Ordered texts of general regulations", the modifications made with texts highlighted in special characters (strikethrough and bold) will be found.
We greet you sincerely.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Irene T. Cano Jorge A.M. Golla
Deputy Manager of
Payment Systems
Manager of Payment
Systems
ANNEX
1.4.5. ATM networks: manage transactions ordered through ATMs.
1.4.6. Electronic fund transfer networks (processing or operation): transmit electronic instructions for fund movements between financial entities and, where applicable, notify the PSP that offers payment accounts of the credits in its checking account, so that it proceeds to the effective fulfillment of the transfer function that competes to it according to what is defined in point 1.3.11. of the TO on National Payment System – Transfers – Supplementary Rules.
1.4.7. Acquiring: adhere merchants to card payment schemes. It includes, among others, the following tasks: facilitate the mechanisms to initiate payments, transmit the payment order information to the administrator or other participants of the scheme in question and, if authorized, confirm the operations.
1.4.8. Aggregation or sub-acquiring: provide merchants with access to payment schemes that the aggregator has contracted with one or more acquirers, using for these purposes the identifier number (merchant ID) of the aggregator or sub-acquirer, who acts as the receiving client of funds coming from the settlement of the different payment schemes.
1.4.9. Extrabank collection companies for taxes and/or services: provide the service of payments and/or collections of taxes and/or services on behalf and order of third parties through own and/or third-party agent networks, using cash and/or payment instruments.
1.5. Non-compliance and sanctions
Both the PSPs subject to registration as provided in Section 2. and those authorized by the BCRA to perform the functions of administrator of an electronic fund transfer payment scheme or electronic clearing chambers and the members of their governing bodies, administration and oversight, for the non-compliances that are established regarding the rules issued by the BCRA to regulate their activity, are subject to the application of sanctions as provided in articles 41 and 42 of the Financial Entities Law and concordant provisions.
B.C.R.A. PAYMENT SERVICE PROVIDERS
Section 1. General Provisions
Version: 4th COMMUNICATION "A" 8488 Validity:
03/10/2026 Page 4
B.C.R.A. ORIGIN OF THE PROVISIONS CONTAINED IN THE ORDERED TEXT ON PAYMENT SERVICE PROVIDERS
ORDERED TEXT ORIGIN RULE
OBSERVATIONS Section Point Para. Com. Annex/ Chap. Pt. Para. 1.
1.1. "A" 6859 Sub-Com. "A" 6885, 7153 and 7495.
1.1.1. "A" 6859 Sub-Com. "A" 6885, 7153 and 7495.
1.1.2. "A" 6859 Sub-Com. "A" 6885, 7153 and 7495.
1.1.3. "A" 6885 Annex Sub-Com. "A" 7153 and 7495.
1.1.4. "A" 6885 " Sub-Com. "A" 7153.
1.1.5. "A" 6885 " Sub-Com. "A" 7153.
1.2. "A" 6885 " Sub-Com. "A" 7495.
1.3. "A" 6885 " Sub-Com. "A" 7495.
1.3.1. "A" 6885 " Sub-Com. "A" 7495 and 8432.
1.3.2. "A" 8432 1.
1.4. "A" 6885 " Sub-Com. "A" 7153, 7328, 7462, 7495
and 7769.
1.4.1.1. "A" 8432 2.
1.4.2.1. "A" 8206 9. a. Sub-Com. "A" 8287.
1.4.2.2. "A" 8206 9. a. Sub-Com. "A" 8287.
1.4.7. "A" 7769 2.
1.4.8. "A" 7769 2.
1.4.9. "A" 7769 2. Sub-Com. "A" 8472.
1.5. "A" 6885 " Sub-Com. "A" 7367 and 8411.
2.
2.1. "A" 6885 " Sub-Com. "A" 7462, 7495, 7769, 7907,
8206 and 8287.
2.2. "A" 6885 " Sub-Com. "A" 7462, 7495 and 7613,
8176, 8432 and "B" 12648.
2.2.2.10. "A" 8432 3.
2.2.2.11. iv) to vi) "A" 7769 7. Sub-Com. "A" 8287 and 8432.
2.2.2.12. "A" 8102 Sub-Com. "A" 8432 and 8454. Includes
regulatory clarification.
2.2.4. "A" 8432 5.
2.2.5. "A" 8432 6.
2.3. "A" 6885 " Sub-Com. "A" 7495, 7613 and 8432.
2.4. "A" 6885 " Sub-Com. "A" 7495.
2.5. "A" 7613 4. Sub-com. "A" 8432.
3.
3.1. "A" 6885 Annex Sub-Com. "A" 7495 and 8102.
3.2. "A" 6885 " Sub-Com. "A" 7495.
3.3. "A" 7593 4. 1. and
2.
Sub-Com. "A" 7712, 7972, 8102 and
8432. Includes regulatory clarification.
4.
4.1. "A" 6885 " Sub-Com. "A" 7495, 7825 and 8038.
4.2. "A" 6885 " Sub-Com. "A" 7495.
4.3. "A" 6885 " Sub-Com. "A" 7153 and 7495.
4.4. "A" 8432 12.
4.5. "A" 8432 11.
4.6. "A" 7759 Sub-Com. "A" 7907 and 8432.
5. 5.1. "A" 7769 4. Sub-Com. "A" 7907.
6. 6.1. "A" 7769 8. Sub-Com. "A" 7907.
7. "A" 8432 13.
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Source: Banco Central de la Republica Argentina — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works