A technical measure by Argentina’s central bank Monday provoked a rare public rebuke by the fintech arm of MercadoLibre Inc., another sign of the government’s damaged relations with private business.

Mercado Pago, the payments and wallet platform run by the Latin America e-commerce giant, warned that the central bank’s decision to separate platforms between debit payments and transfers means “more than four million people are going to have challenges adding money to their digital Mercado Pago account.”

Up Next

Argentina Central Bank Move Slammed as ‘Attack’ by Mercado Pago