{"id":513111,"date":"2026-07-02T22:53:03","date_gmt":"2026-07-03T02:53:03","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/aba-warns-that-increase-in-electronic-transfer-tax-will-affect-financial-inclusion\/"},"modified":"2026-07-02T22:53:03","modified_gmt":"2026-07-03T02:53:03","slug":"aba-warns-that-increase-in-electronic-transfer-tax-will-affect-financial-inclusion","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/uncategorized\/aba-warns-that-increase-in-electronic-transfer-tax-will-affect-financial-inclusion\/","title":{"rendered":"ABA warns that increase in electronic transfer tax will affect financial inclusion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Santo Domingo, D.R.<\/strong>\u2013 The Association of Multiple Banks of the Dominican Republic <a href=\"https:\/\/deultimominuto.com\/\" data-type=\"page\" data-id=\"674892\">(ABA)<\/a> expressed its concern this Thursday regarding the increase in the tax applied to electronic transfers, considering that the measure could hinder the use of digital channels and affect progress in terms of financial inclusion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The organization pointed out that the increase in the rate, which will go from <strong>0.15% to 0.20%<\/strong> on the amount of transactions, represents a disincentive for users who make payments and transfers through the banking system.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ABA indicated that the country has promoted initiatives in recent years aimed at fostering financial inclusion, reducing the use of cash, and expanding the population&#8217;s access to financial services through digital tools.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In that sense, he warned that a higher cost for electronic transactions could lead some users to return to using cash, hindering efforts to strengthen a more modern, secure, and efficient payment system.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">We recommend reading: <a href=\"https:\/\/deultimominuto.com\/economia\/rosanna-ruiz-concluye-en-la-aba\/\">Rosanna Ruiz concludes her tenure at the head of the ABA<\/a><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The entity reiterated that the development of electronic payment methods constitutes a key element to expand financial inclusion, facilitate commercial transactions, and contribute to the formalization of the economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ABA&#8217;s position was made known when responding to an inquiry regarding the impact that an increase in the tax on electronic transfers would have on the Dominican financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Santo Domingo, D.R.\u2013 The Association of Multiple Banks of the Dominican Republic (ABA) expressed its concern this Thursday regarding the increase in the tax applied to electronic transfers, considering that the measure could hinder the use of digital channels and affect progress in terms of financial inclusion. The organization pointed out that the increase in [&hellip;]<\/p>\n","protected":false},"author":133559,"featured_media":514372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1],"tags":[],"class_list":["post-513111","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-29tZ","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/images-32.jpg","dum_api":{"author_name":"Preciosa Jimenez","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2026\/05\/cropped-WhatsApp-Image-2026-05-26-at-5.31.56-PM-96x96.jpeg","categories_name":["Uncategorized"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2026\/07\/images-32.jpg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/513111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/133559"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=513111"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/513111\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/514372"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=513111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=513111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=513111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}