What RIPSA does

RIPSA (legal name Red Informática de Pagos S.A.) is an Argentine extrabank payment services company founded in approximately 1994 and operating for over 30 years. The company runs a nationwide network of 1000+ physical branches and agent locations complemented by an online payment portal (Pagos Online), serving 700K+ active clients and processing 1.5M+ monthly operations. Its core technology integrates with major banking and payment processors — Fiserv, Bind, and Prisma — to deliver interoperable QR, debit card, and cash-based payment services through its own branches and a recruited agent network of small businesses (comercios) that use the RIPSA Pagos POS software without initial investment.

The functional product portfolio spans consumer-facing services (cash withdrawal via debit card, QR payments compatible with all domestic digital wallets and banking apps, mobile virtual top-ups, SUBE public transit card loading, international money transfers, and online bill payment) and business-facing services (B2B collection via physical agent network, payment buttons/links, CVU-based transfers, and bank correspondent services including account opening, loan collection, cash in/out, ANSES payments, and fixed-term deposits). Technology integration is centered on interoperability with established banking and wallet platforms rather than proprietary AI or data analytics.

RIPSA earns revenue primarily through transaction fees on payments processed across its network, retained after paying agents fixed per-transaction compensation plus percentage-based commissions on virtual loads, SUBE top-ups, and cash withdrawals. Additional revenue comes from enterprise service agreements and banking correspondent partnerships. The company is privately held, employs 51–100 people, is headquartered in Mar del Plata with a Buenos Aires regional office in Pilar, and is a member of CAECEIS, the Argentine Chamber of Extrabank Tax and Service Collection Companies.

Name

RIPSA

Legal name

Red Informática de Pagos S.A.

Website

https://ripsa.com.ar

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

RIPSA (Red Informática de Pagos S.A.) is an Argentine extrabank payment services company operating 1000+ physical branches and an online portal to process cash, QR, debit card, and bank correspondent transactions for 700K+ individual consumers, agent merchants, and business clients across Argentina.

Ownership category

akta.pro rank

Product category

Bill Payment & Extrabank Collection Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Collection Agencies (561440)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Bank Bill Pay (Consumer & Small Business) (FSAMAJAC)

akta.pro secondary industries

SME & Business Cross-Border Payments (B2B) (FSAMAIAB), Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)

Keywords

• Extrabank payment services
• Bill payment processing
• Cash withdrawal services
• QR payment processing
• Banking correspondent services

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Transaction Processing Fees: RIPSA charges merchants and agents a fee per validated transaction processed through its system. Agents receive monthly retribution based on transaction volume, with percentage-based commissions for virtual top-ups, SUBE loads, and cash withdrawals.
2. Enterprise Payment Solutions: B2B services for companies to collect payments through QR codes, transfer systems (CVU), and payment buttons/links. Revenue generated through transaction fees on collections processed.
3. Banking Correspondent Services: Partnership with banks to provide banking services (account opening, loan collections, deposits, etc.) at Ripsa physical locations, generating revenue through service agreements with banking partners Fiserv, Bind, and Prisma.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

RIPSA operates an extrabank tax and service payment platform across 1,000+ physical branches, an agent merchant network, and an online portal. It processes payments for more than 5,000 companies and services, offers debit card cash withdrawal (Ripsa Cash), QR payments, international money transfers, mobile and SUBE top-ups, and a 24/7 online bill payment portal. For businesses and banking partners, it provides B2B collection services, payment links, CVU transfers, and banking correspondent capabilities.

Product overview

RIPSA (Red Informática de Pagos S.A.) is an Argentine extrabank tax and service payment platform operating across physical branches and online channels. The company maintains a network of more than 1,000 branches serving as both direct service points and agent locations, with a digital payment portal for online bill payments. Its consumer-facing portfolio spans cash withdrawals (Ripsa Cash), international money transfers, QR code payments, mobile and SUBE transit card reloads (Cargas Virtuales and SUBE), and an online payment portal. For business clients, RIPSA offers B2B collection services, QR-based invoice payments, CVU transfer-based collection, and payment links (Botón de Pago), all backed by correspondent banking services including account opening and loan collection. The agent network is powered by the Sistema RIPSA Pagos POS software that processes over 5,000 tax and service bills through cash, debit card, and digital wallet channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Ripsa Cash Cash withdrawal service allowing users to withdraw physical cash using their debit card at RIPSA agent locations and branches across Argentina.
• Envíos Internacionales de Dinero International money transfer service enabling users to send money abroad quickly and reliably, with recipients able to withdraw cash via debit card.
• Pagos por QR QR code payment service compatible with all digital wallets and banking apps in Argentina, supporting both in-person and bill payment use cases.
• Cargas Virtuales Virtual top-up service for mobile phone credit and other prepaid services, processed through the RIPSA agent network.
• SUBE Balance loading service for the SUBE public transit card, enabling users to reload transit credit at RIPSA agent locations across Argentina.
• Pagos Online Online payment portal enabling users to pay bills and invoices through the RIPSA website in a fast and secure manner, available 24/7.
• Servicio de Cobro (Empresas) B2B collection service enabling companies to accept payments from their customers through RIPSA's physical branch and agent network on the company's behalf.
• Botón de Pago (Empresas) Payment link product allowing businesses to send payment links via email to their customers, supporting both credit and debit card transactions.
• Transferencias (CVU) B2B funds transfer service using CVU (unique virtual account) for collection and disbursement purposes for corporate clients.
• Corresponsalía Bancaria Bank correspondent service bringing banking capabilities to RIPSA branch locations, including account opening, loan and card collection, cash deposit/withdrawal, ANSES and service bill payments, and fixed-term deposit subscriptions.
• Sistema RIPSA Pagos (Agente POS Software) Point-of-sale software provided to RIPSA agents enabling collection of taxes and services via cash, debit card, and digital wallet QR payments; supports processing of more than 5,000 billable services and virtual top-ups.

Quantifiable outcome

• 1.5M+ monthly operations processed
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FiservcoreTechnology or IntegrationFiserv is a strategic banking technology partner providing infrastructure for RIPSA's bank correspondent services. Through this partnership, RIPSA offers banking services including account opening, loan collections, and cash operations at its physical locations.
• BindcoreTechnology or IntegrationBind is a banking technology partner integrated into RIPSA's correspondent banking network, enabling financial services to be delivered at RIPSA's 1000+ physical locations across Argentina.
• PrismacoreTechnology or IntegrationPrisma is a payment processing partner enabling RIPSA's payment collection infrastructure, supporting QR payments and digital wallet interoperability across the RIPSA network.
• CAECEISminorOthersRIPSA is a member of the Cámara Argentina de Empresas de Cobranza Extrabancaria de Impuestos y Servicios (CAECEIS), the Argentine Chamber of Extrabank Tax and Service Collection Companies, demonstrating industry leadership and commitment to transparency.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Western Union: Western Union is a global cross-border money transfer operator with a large Argentine agent footprint. It directly competes with RIPSA's Envíos Internacionales product on inbound remittances and international cash payouts.
• Prisma: Prisma is Argentina's largest payment processor and QR network operator, processing card and QR transactions across the country. It is both a RIPSA partner and an indirect competitor via the same merchant QR acceptance layer.
• Fiserv: Fiserv is a global payments and financial technology provider that supplies the core banking and correspondent infrastructure RIPSA uses. As an incumbent in the underlying payments stack, Fiserv competes and partners with extrabank networks across Latin America.
• Mercado Pago: Mercado Pago is the dominant Argentine digital wallet and payment platform, offering QR payments, bill pay, transfers, and cash withdrawal/loading through its app and agent points. It is the most significant competitive threat to RIPSA's bill-pay and cash franchise, serving both consumers and merchants.

Emerging players

• Ualá: Ualá is an Argentine neobank offering a prepaid Mastercard, P2P transfers, bill pay, and cash-in/cash-out through agents. It competes with RIPSA on consumer cash access and digital bill payment, particularly among younger and unbanked users.
• Naranja X: Naranja X is an Argentine fintech and digital account offering payments, QR, transfers, and consumer credit. It overlaps with RIPSA on consumer bill payment and QR acceptance but is differentiated by its credit-card heritage and app-first model.

Direct peers

• Provincia Net: Provincia Net is the extrabank payment network affiliated with Banco Provincia in Buenos Aires province, offering bill pay and government collections through physical branches and agents. It directly competes with RIPSA for provincial bill and tax collections.
• Rapipago: Rapipago is one of the largest extrabank payment networks in Argentina, providing cash payment, withdrawals, and bill pay through thousands of points of presence. It is the closest direct competitor to RIPSA on footprint and service mix.
• PagoFácil: PagoFácil is Argentina's other leading extrabank payment network, offering cash bill payment, QR, and top-ups through a comparable physical/agent model. It competes head-to-head with RIPSA across all major billers and consumer segments in Argentina.

Regional players

• Cobro Express: Cobro Express is a Latin American extrabank bill payment network active across multiple countries. While RIPSA is Argentina-focused, Cobro Express demonstrates the regional model RIPSA could expand into or face competition from as cross-border payment consolidation accelerates.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ripsa.pagos
• LinkedInlinkedin.com/company/red-inform-tica-de-pagos-s-a-
• Instagraminstagram.com/ripsapagos
• Xx.com/ripsapagos_tgal

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RIPSA