Cards still account for a large share of consumer payments in Argentina, and the habit of splitting the cost of high-value items into installments (cuotas) in particular sustains credit card usage. Argencard is a domestic card brand that has been issued and used within Argentina separately from the international brands, and customers who use this card may abandon checkout if only international cards are accepted.

If your goal is to broaden coverage of locally issued cards, it is worth considering Argencard alongside international brand cards. For merchants in categories with high order values that attract installment demand, such as appliances, electronics, and education services, opening up domestic card brands as well is advantageous for managing payment success rates.

When a consumer enters their Argencard details at checkout, the transaction is confirmed after issuer approval and online identity verification via a 3-D Secure-type method. The approved funds are received locally in ARS and then settled in the contract currency after being converted by Hecto Financial.

Whether a domestic card brand like Argencard can actually be accepted depends on the acquiring route used. When considering integration through Hecto Financial, it is best to confirm during the consultation stage whether this brand is currently included in the contract scope and what the conditions are for processing installment transactions.

• Business registration country

  Confirm whether a contract is available under a Korean business registration

• Sales channels

  The integration method and priorities differ depending on your online sales channel mix, such as an owned storefront, open marketplaces, or a mobile app

• Product categories

  Check in advance whether your products fall under a restricted category under Argencard's merchant policies

• Local regulatory compliance

  Confirm compliance with Argentina's payment and foreign exchange regulations (see official sources below)

Funds from Argencard transactions are first received in the local currency, pesos, then converted and settled in whichever of USD, KRW, or JPY was chosen in the contract. Card refunds are generally processed as a cancellation of the original transaction, but reflection may be delayed depending on the issuer's processing schedule. Because Argentina's foreign exchange regulations are highly volatile, the detailed conversion and settlement conditions should be reconfirmed at the time of contracting.

• Central Bank of Argentina (BCRA)Official information on Argentina's payment systems and related regulations. If this page's content differs from actual regulations, the official source takes precedence.