PSP Registration and Compliance in Argentina

When This Service May Fit Your Project

• a.Your product offers payment accounts, wallets or funds-in/funds-out functionality for customers in Argentina.
• b.You provide acquiring, aggregation or payment-processing services and need to determine your position under the BCRA framework.
• c.Your company is preparing a PSP registration filing and needs the corporate, documentary and compliance work organised.
• d.You already operate abroad and are assessing what the Argentine payments framework requires before launch.

We begin with the product's functions: who holds the funds, how accounts work and which parties participate in each flow. The registration analysis follows from those functions, not from the product's commercial label.

PSP Registration and Compliance: Scope of Work

Assessing the activity

Review the intended payment activities against the BCRA framework for payment service providers and identify which registration categories and obligations may apply. See the official BCRA registration procedure.

Preparing the structure

Assess the appropriate entity structure and coordinate the corporate work as a separately defined engagement: see our company formation service.

Preparing and filing the application

Organise the documents, draft the legal components within scope and assist with the submission and with responses to the regulator's observations.

Coordinating compliance work

Assess the requirements relevant to the activity, including anti-money laundering, customer identification, safeguarding of customer funds, reporting, cybersecurity and outsourcing. Define the legal documents and the work to coordinate with your operational and technology providers, within the agreed scope.

The proposal identifies the work JFC will handle, the deliverables and the participation needed from your team or other providers. If your product combines payments with virtual assets or lending, the frameworks are assessed together: see fintech market entry.

What the Engagement Delivers

Depending on the agreed stages, the deliverables may include:

• a.A written assessment of how the intended activities sit under the PSP registration framework and the questions to resolve before filing.
• b.A registration plan identifying documents, responsibilities and dependencies.
• c.The legal documents within scope, drafted or adapted for the filing.
• d.Assistance with the submission and with responses to regulator queries, where included in the engagement.

The proposal specifies which stages are included and which are handled separately. Registration is a regulatory step: decisions by banks, payment schemes or commercial partners follow their own processes and are coordinated as separate workstreams.

What We Need to Understand Your Project

Start with a description of the product, its customers, how funds enter, move and leave the service, and who participates in each flow. It also helps to know whether you already have an Argentine entity and whether the product is live in other countries.

Corporate documents, policies and technical materials can be reviewed later, once the required work is defined.

Planning the Registration

Entity work, document preparation, the filing itself and the regulator's review have different dependencies, and some tasks can advance in parallel. We distinguish preparation, submission and completion of each step: submitting an application is not the same as obtaining the registration, and any estimated timeline identifies its starting point, assumptions and scope.

The Team and Other Participants

JFC's team coordinates the legal work included in the engagement. The proposal identifies the responsible professional and how communication will be handled. Accounting, audit, technology and banking work may involve your team or independent providers; we define those responsibilities alongside the legal work. You can also meet our team.

Questions Before Getting Started

Do we need to know our exact PSP category before contacting you?

No. Describe the product and its flows. Determining how the activities sit under the framework is part of the work we can agree with you.

Is PSP registration a license?

PSP registration is not a banking licence. We assess its scope for your payment activities and identify any additional requirements before launch.

Do we need an Argentine company first?

The corporate structure is assessed as part of the engagement, together with the registration analysis. Entity work can be scoped as its own engagement and coordinated with the filing: see our company formation service.

Our product also involves crypto or lending. How is that handled?

We assess registrations, restrictions and entity compatibility together, including whether separate entities are needed. See fintech market entry.

We operate abroad. What do you need to assess our Argentine launch?

Describe the countries served, customer locations, contracts and payment flows. We use that information to assess the Argentine project, including services delivered across borders, and identify which activities can begin at each stage. Advice on other countries' laws can be coordinated with local counsel where needed.

For the regulatory background, see Fintech Regulation in Argentina.