Transferencias InmediatasUruguay’s interbank instant credit transfer rail, launched in 2021 and moved to 24/7, 365-day operation in June 2023 under pressure from Banco Central del Uruguay. Unlike Brazil or Colombia, Uruguay has not created a public Pix-style brand: each bank still offers the service under its own brand.run on the infrastructure of Uruguay’s automated clearing house, within Banco Central del Uruguay’s regulatory framework · since 2021
Global registry · Latin America · South America
Uruguay Payment systems
6 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
Learn about this market. The guides and courses that cover it.
Payments in the Caribbean and Central AmericaPayments in Argentina, Chile, and UruguayPayments in Mexico and the AndesPayments in Peru, Bolivia, and EcuadorPayment success rates and what drives themCross-border acquiring around the worldAccepting payments in Argentina and ChileAccepting payments in Colombia and PeruPayments in Latin America: Pix, cash, and cuotasOpening a new market: the payments playbookCollecting payments for the public sectorCollecting fares on public transit
Instant payments
Clearing and settlement
Cámara de Compensación Automatizada (CCA)Uruguay’s automated clearing house for credit transfers and other clearable instruments; its balances settle across accounts held at Banco Central del Uruguay in the LBTR. All of the country’s interbank retail payments run on it, instant transfers included.Urutec (a company owned by the Bolsa Electrónica de Valores del Uruguay (BEVSA), with every bank operating in Uruguay as a shareholder) · since 2015
Wallets
PrexMulticurrency prepaid account linked to a free Mastercard, with preferential peso-dollar exchange rates, instant money transfers, international payments, and microloans. It shows how prepaid products are used to work around exchange controls in the region; the service also operates in Argentina and Brazil.Econstar S.A. (company regulated and supervised by the Banco Central del Uruguay, authorized to issue electronic payment instruments)
Other
AbitabUruguay’s leading network for cash collection and bill payment: utilities, taxes, social benefits, deposits, and transfers. It is the functional equivalent of Rapipago and Pago Fácil in Argentina or Efecty in Colombia: the rail through which Uruguay’s unbanked pay and get paid, and the cash-out point for local wallets.Abitab S.A. (founded in 1993 by a group of agents of Montevideo’s official lottery, who turned their network of outlets into a payment network) · since 1993about 240 locations in Montevideo and 240 more across more than 100 towns in the rest of the country (Abitab, 2026)
RedpagosUruguay’s second national network for cash collection and bill payment, present in every department (province) of the country. The Abitab/Redpagos duopoly shapes cash acceptance in Uruguay: any biller or online merchant targeting consumers has to connect to both.Redpagos (formed in 2001 when several Uruguayan exchange houses joined forces) · since 2001
BanredUruguay’s main ATM network, plus a payments offering (Pagos Banred) and its own card. In a market of 3.4 million people, a single industry-owned company concentrates interoperability for both withdrawals and payments, a typical setup in the region’s small markets.Banred