What exactly is CacaoCash?

CacaoCash is a digital wallet built for people who travel or live in Latin America. It lets you pay with the QR codes locals use every day — Pix in Brazil, Mercado Pago in Argentina, and more — using money you load from abroad. No local bank account, no cash runs, no bad exchange rates.

How do I add money to my wallet?

Several ways — whatever's easiest for you: • ACH or SEPA bank transfer • Credit or debit card • SWIFT bank transfer • Crypto deposit (USDC and other major assets — paste your address or scan from any wallet) You'll always see the exact rate and any fees before you confirm. No surprises.

Do I need to verify my identity?

Yes, once. It's a quick in-app process — a photo of your ID and a selfie. It keeps your account secure and lets us work with regulated financial partners across the region. Most people finish in under 3 minutes.

What if a payment is pending, fails, or I get a refund?

Pending payments usually clear on their own within minutes. If a payment fails, your balance is returned immediately. Refunds land straight back in your wallet — no waiting, no friction. If anything ever looks wrong, our support team is one message away.

Are there hidden fees?

Never. Before every single payment, you'll see: • The exact amount being charged • The live exchange rate • Any applicable fees What you approve is exactly what leaves your wallet. That's a promise.

How do I know my money is safe?

CacaoCash is non-custodial — your funds are never pooled with anyone else's and every transaction requires your explicit approval. Identity verification and money movement are handled by licensed, regulated partners. You stay in control at all times.

Which countries are live?

CacaoCash is live today in: • 🇦🇷 Argentina — Mercado Pago QR Coming soon: • 🇧🇷 Brazil — Pix • 🇨🇴 Colombia • 🇵🇪 Peru — Yape

I lost my phone. What happens to my money?

Nothing bad. Your account is tied to your identity, not your device. Just install the app on a new phone, sign in, and everything is exactly as you left it — balance, transaction history, all of it.

Wise vs Revolut in Argentina: Which One to Bring (2026)

If you are a foreigner living in or visiting Argentina, you have probably packed a Wise or Revolut card. They are excellent products. So the honest question is simple: do they actually work well inside Argentina? The short answer is that they work, but they cost you more than you would expect, and the reason is not the fee. It is the rate.

Only care about one of them? Read the standalone answers: Does Revolut work in Argentina? and Does Wise work in Argentina?

The good news: the cards work

Both Wise and Revolut issue Visa or Mastercard cards, and those run on the same networks Argentine merchants already accept. You can tap to pay at restaurants, supermarkets, and shops, and you can withdraw pesos at most ATMs, exactly like any other foreign card. Wise and Revolut are also genuinely cheap on the conversion itself. Their stated FX fees are low, often under 1 to 2 percent, and their mid-market pricing is one of the best deals in the world for normal countries.

For getting money into Argentina, or for the other 190 countries you might travel through, they remain hard to beat. We are not here to tell you to throw them away.

The catch: Argentina has more than one dollar

Argentina does not have a single exchange rate. It has several. The rate your foreign Visa or Mastercard receives tracks the official rate, around 1,530 ARS per USD in September 2026. The rate locals and residents actually use for their dollars, the crypto dollar, is around 1,580 ARS per USD.

That gap is about 3 percent on the rate alone, and 3 to 5 percent once a foreign transaction fee or weekend markup is added. Two years ago it was 10 percent or more; it narrowed when Argentina lifted most currency controls. The point still stands: it does not matter how low Wise or Revolut set their fee, because your card converts at roughly 1,530, not 1,580, before any fee is applied. Live figures: today's Argentina dollar rate.

What Wise and Revolut cannot do here

In Brazil, Wise can hold local currency and even pay via Pix, the instant local transfer system. In Argentina, it cannot. Wise does not hold ARS balances, and neither Wise nor Revolut can send a local peso transfer to a CBU, CVU, or alias the way an Argentine account does. They also cannot scan a Mercado Pago or bank QR to pay a merchant in pesos. So everything routes back through the card networks at the non-resident rate.

ATM withdrawals carry their own problem. On top of the rate gap, Argentine ATMs charge a fixed operator fee of roughly 8 to 12 USD per withdrawal, and they cap how much you can take out per transaction. Wise and Revolut do not control that fee, so even a fee-free card still pays it.

Wise vs Revolut vs CacaoCash, side by side

What matters	Wise / Revolut card	CacaoCash
Exchange rate used	Card rate, tracks official (~1,530)	Crypto dollar (~1,580)
Effective gap vs local rate	About 3 to 5 percent behind, fees included	At the local rate
Pay by Mercado Pago or bank QR	No	Yes, scan any QR
Send or receive pesos (CBU/CVU/alias)	No	Yes
ATM fee exposure	~8 to 12 USD per withdrawal	No ATM needed
Needs DNI, local bank, AR phone	No	No

How CacaoCash helps

CacaoCash lets you load USD, EUR, or crypto, and then pay in pesos at the crypto dollar rate, which is the 3 to 5 percent your card was leaving on the table. You scan any Mercado Pago or bank QR, or send and receive pesos to a CBU, CVU, or alias, all without a DNI, a local bank account, or an Argentine phone number. Before you confirm any payment, you see the exact peso cost. Keep Wise and Revolut for the rest of the world. Use CacaoCash for the rate inside Argentina.

And if what you need is to move pesos rather than spend them, the same wallet sends to any alias, CVU or CBU: see how to send money to Argentina from abroad.

Frequently Asked Questions

Do Wise and Revolut work in Argentina?

Yes. The cards spend at shops and withdraw at ATMs like any foreign Visa or Mastercard. The issue is the exchange rate they receive, not whether they function.

Why do I lose money if the fee is so low?

Because your card converts at the card rate (~1,530) instead of the crypto dollar (~1,580). That rate gap of about 3 percent applies before any fee, so a low fee narrows the loss but does not remove it. The bigger issue is coverage: no QR, no peso transfers.

Can Wise hold pesos or pay like Pix does in Brazil?

No. Wise does not hold ARS balances in Argentina and cannot make local peso transfers or QR payments the way it does Pix in Brazil.

Should I stop using Wise or Revolut?

No. They are excellent for moving money into Argentina and for travel everywhere else. For spending inside Argentina at the local rate, use CacaoCash.