ATM numbers on the rise in popular neighborhoods

According to Trasa’s comparative analysis, ATM lie in Number of registrations in popular neighborhoods Major Transactionsalso Higher withdrawal amounts than those found in affluent neighborhoods.

Report from companies operating ATM networks dedicated to financial inclusion Pago24 He explained that those located in popular areas 3600 transactions per month, average withdrawal of $27,000,000while for those living in communities with higher purchasing power, the figure is The daily transaction volume is 2,700, with an average transaction amount of US$19 million.

Pago24 Yes 80 branches To withdraw money, 30% It is represented by popular fields such as: Father Mujica (formerly Villa No. 31), San Lorenzo B yes Ramon Carrillowhile many others are located within a 3-5 block radius of popular neighborhoods, e.g. Copello Community, chingolo mt., Tristan Suarez yes Itambe Neighborhood yes Villas 21-24.

These units, in turn, are located in different parts of the country, e.g. Concordia (Entre Ríos Province), Hotel (Church), Resistance (Chaco)The last unit will be completed in 2024 and is located on Piedrabuena Street, near LuganoThese ATMs have a total of They affect nearly 60,000 families living in popular neighborhoods.

investment recovery

The analysis highlights that in popular neighborhoods 4 months is enough The time to breakeven is quite short compared to the payback period 6 months This takes time in wealthy communities.

In the area of ​​extraction volume, the differences are not huge, but the popular ones have an advantage regardless: $10,000 Average opposition $9,700 Regions with stronger purchasing power.

It is also important to emphasize that, although the exact reasons for the differences cannot be determined, one of the main reasons may be that in regions with higher levels of economic development, Virtual wallet and transferwhen making payment.

Financial inclusion

Another point in the Trasa report is the damage and breakage that ATMs may suffer. None of the departments compared reported much damage, and where there was damage, it was similar.

In this way, due to the location of these ATMs in the community, people now do not have to travel several kilometers to withdraw money, thus benefiting nearby businesses in the popular community itself, where they can spend the money, as it also reduces the robbery rate because you no longer have to carry money for such a long distance.

Therefore, following the line of financial inclusion, Trasa was the first company to enter Villa 31 (today Padre Mujica) and install an ATM in 2017. It isStarted to incorporate them into dozens of vulnerable areasthey benefit from funding for personal and community development.