Limitations on online purchases | Limitaciones en compras por internet

By Erbol.com.bo, Eju.tv:

Foundation warns of recession in the digital economy due to limitations on online purchases

ASKS ASFI TO BE TRANSPARENT

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The Internet Bolivia Foundation, through its digital economy officer, Hugo Miranda, explained the problems faced by people who work with transactions abroad in dollars, due to the restrictions imposed by banks on online purchases.

He pointed out that with these restrictions they cannot buy services such as hosting, that is, spaces on the web to host files. Nor can they pay for advertising that was done through Google or Facebook.

“So it is causing a recession in everything that is digital economy in the country,” Miranda said on the program La Tarde en Directo on ERBOL.

The controversy grew due to reports on social networks, where it is reported that banks have reduced the limits for online purchases to amounts of 50 or 100 dollars.

Miranda reported that, in his case, this year they went from limiting transactions from 700 dollars to 100 dollars biweekly for online purchases.

He asked the Financial System Authority (ASFI) to make transparent the amounts of limits that banks set for these transactions, since each financial institution has its own rules.

Added to this situation is the difficulty of making dollar withdrawals at banks.

The activist indicated that he receives payments from abroad for his work and before he only went to the bank twice a year, but now he must go twice a week to try to withdraw dollars.

He explained that, if he received the amount in bolivianos, he would lose money, because the dollar would be converted to Bs6.96 when in the parallel market it exceeds Bs10.

In this context, he revealed that he knows cases of people who have decided to open their accounts abroad to avoid these problems, which affects the flow of dollars that could enter the country. //jm

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