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LATAM market brief · Updated Oct 10, 2026

iGaming payments in Argentina

Mercado Pago leads, and the market runs on local e-wallets, settling in ARS. 13 providers reviewed on this site reach a local rail, 4 of them by direct acquiring.

betting: regulatedcasino: regulatedSee it on the map
Local e-walletsMarket dataBy the iGaming Payment Solutions Editorial Team

13

Providers with a rail here

4

Reach it directly

3

Local rails

ARS

Settles in

Quick info

Currency
ARS
Region
LATAM
Betting
regulated
Casino
regulated
Dominant rail
Local e-wallets
Providers
13 (4 direct)
Regulator
No national regulator; provincial (LOTBA in CABA, IPLyC in Buenos Aires Province)

The rule in Argentina

Regulator, licensing and what it means for payments

Argentina has no national regulator. Each province and the City of Buenos Aires licenses separately, so multi-province coverage means stacking licenses. CABA runs through LOTBA at 25% of GGR with 5-year permits extendable once, and its tender has been closed to new entrants since June 2024, leaving eleven live operators. Buenos Aires Province runs through IPLyC on 15-year licenses, and all seven licenses it issued are live: bet365, Betano, Betsson, BetWarrior, bplay, Sportsbet and Stake. A federal tax on online bets sits on top of whatever the province charges. It takes 5% of players' net deposits, half that for operators with real investment in Argentina and 10% when a foreign party is involved. CABA and Cordoba also require biometric identity checks against the national RENAPER database, which makes onboarding heavier than the payment mix alone would suggest. Everything settles in pesos.

Payment methods in Argentina

The rails players reach for, in the order that matters locally

  • Mercado Pagodominant

    e-wallet

    Mercado Pago's wallet carries deposits at licensed Argentine sites and is largely deposit-only. Acquiring it directly instead of through a reseller changes both cost and approval rates.

  • Transferencias 3.0 (CBU/CVU)major

    instant bank transfer

    Transferencias 3.0 moves money instantly between CBU bank accounts and CVU wallet accounts, and operators pay withdrawals out over it.

  • AstroPaymajor

    e-wallet

    AstroPay works mostly as a payout wallet in Argentina.

Which providers reach these rails

13 of the providers rated here reach a local rail in this market

Direct acquiring

4

A direct relationship with the local rail rather than a hop through someone else's.

  • Nuvei

    Rails: Mercado Pago, Transferencias 3.0Transferencias 3.0 (CBU/CVU), AstroPay

  • PayRetailers

    Rails: Mercado Pago, Pago Fácil / Rapipago, MODO / bank transfer

  • EBANX

    Rails: Mercado Pago, AstroPay

  • ProntoPaga

    Rails: Bank transfer pay-ins

Aggregated or indirect

9

Reached through open banking, an aggregator, a partner PSP or a wallet rather than through the provider's own local acquiring.

What it costs to operate, and who enforces

Operator tax

25% of GGR in CABA, with other provinces setting their own rates, plus a federal tax of 5% on players' net deposits

License economics

CABA: 5-year permit, one extension, tender closed since June 2024. Buenos Aires Province: 15-year license

Regulator

No national regulator; provincial (LOTBA in CABA, IPLyC in Buenos Aires Province)

Markets with the same payment rails

Markets where players pay on the same kind of rail