VALEpei

VALEpei is a mobile money transfer service in Argentina, allowing customers to send money via e-mail or SMS to any contact with an Argentinian bank account.

To send money, customers download the smartphone app and register by scanning their identity document, inputting their details, including their bank account or debit card number, and validating their e-mail address and mobile number.

Up to $25,000 can be sent or 20 transaction made daily, which comes first.

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Type Wallet
Company behind LPM Red Link
Market share details By 2018 VALEpei had over 100,000 active users.
Market relevance High
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