Receive Money from Argentina

Receive Money from Argentina

No. Peanut accepts passport or national ID card from any country. The Argentine DNI is required for most local financial services — opening a bank account, getting a CVU, or creating a Mercado Pago account. Foreigners cannot get a DNI without residency. Peanut removes that barrier. Verify with your passport in under 2 minutes and start paying at over 1,000,000 merchants via Mercado Pago QR, or withdraw cash from Red ATMs. No local ID, no local bank account, no CVU needed.

Peanut uses the **cripto dólar rate** — the direct digital-dollar-to-ARS market rate. This yields 5-8% more pesos per dollar than the MEP rate that credit cards, Wise, and most international services use. Cards convert through two steps (digital dollars to USD to ARS via MEP). Peanut converts in one step directly to ARS. That eliminates one conversion layer and gives you access to the market rate instead of the regulated MEP rate. The rate locks when you confirm — no slippage.

**Mercado Pago QR:** Over 1,000,000 merchants across Argentina — supermarkets (Carrefour, Dia, Coto, Jumbo), restaurants, cafes, street food, kiosks, clothing, electronics, and pharmacies. If you see a Mercado Pago QR code, Peanut works. **Cash ATMs:** Withdraw pesos from any Red ATM using cardless QR withdrawal. Available in Buenos Aires, Córdoba, Mendoza, Rosario, Bariloche, Salta, Ushuaia, and other major cities. **Not supported:** MODO and Cuenta DNI QR codes use incompatible formats and do not work with Peanut.

Peanut charges no fees on deposits, payments, or withdrawals. The exchange rate you see is the rate you pay — everything is included. Even with the rate as-is, the cripto dólar is 5-8% better than the MEP rate cards and international services use. Gas fees on digital dollar deposits and withdrawals are covered by Peanut. ATM operators may charge a small network fee on their end.

It depends on the transfer type. **Peanut-to-Peanut transfers** (between Peanut accounts) are always instant — milliseconds. **Peanut-to-network payments** depend on the destination: Mercado Pago payments are instant because Mercado Pago itself settles instantly. ATM cash withdrawals are instant once you scan the QR. **Compared to alternatives:** Wise bank transfers to Argentina take 1-2 business days. Western Union takes hours to 1 day for cash pickup, or 1-3 days for bank deposits. Peanut via Mercado Pago or ATM is instant — because those local networks are instant, and Peanut is the only service that gives foreigners access to them without a DNI.

Yes. Create a Peanut Link — a one-time payment link you share via WhatsApp, text, email, or any messaging app. The recipient clicks the link and can claim the funds by creating a Peanut account, withdrawing to their Mercado Pago, withdrawing to their Argentine bank, or cashing out at a Red ATM. They get pesos at the cripto dólar rate. No app needed on their end to cash out.

Peanut works nationwide wherever Mercado Pago QR is accepted — over 1,000,000 merchants across Argentina. ATM cash withdrawal is available in cities with Red ATMs: Buenos Aires, Córdoba, Mendoza, Rosario, Bariloche, Salta, and Ushuaia, among others. Find the nearest location at [red-atm.com.ar](https://red-atm.com.ar).