Netflix to charge in local currency in Argentina

Netflix informed users from Argentina that starting on September 10 it will start charging the monthly subscription fees in local currency (Pesos) This way, the basic plan, available in SD in one screen, will be priced at AR $129 per month (USD 7.3) . The plan with two screens in HD will cost AR $169 (USD 9.6) and the premium plan (four screens simultaneously) AR$ 229 (SD 13).

“Starting Sunday, September 10, 2017, we will start charging all members of Argentina in pesos instead of dollars, which is part of our ongoing effort to improve Netflix for our members in Argentina,” the company reported through an email.

Netflix began operating in Argentina – and Latin America – in September 2011 and since then it charges in dollars in the country, so it is necessary to have an international credit card to pay for the service. In other major markets such as Mexico and Brazil the platform offers the plans in local currency and even provides the option of buying prepaid cards in retail stores. Netflix did not say whether it will offer new forms of payment in Argentina.

Recently, Argentina’s Federal Administration of Public Revenue (AFIP) announced its intention to start charging taxes to Netflix and other digital platforms.