Peru sets 2026 deadlines for BCRP fintechs

The Central Reserve Bank of Peru, or BCRP, has set a timeline for fintech companies that need authorization to operate as payment service providers to complete the process between June and December 2026, based on their transaction volume.

That deadline creates a new compliance phase for this part of Peru's market, which will be subject to supervision under that framework. The schedule established by the BCRP organizes the end dates for the authorization process according to each entity's operating size, giving firms a defined window to regularize their status.

At the same time, Peru's regulatory debate also extends to [Banking as a Service](https://www.elperuano.pe/noticia/300333-banking-as-a-service-en-peru-lo-que-el-nuevo-reglamento-exige-a-bancos-y-fintechs) models, according to the new SBS rule published by El Peruano. That framework sets specific requirements for banks and fintech companies participating in these architectures, as compliance and supervision begin to converge across more actors in the system.

For the financial and technology ecosystem, the overlap between the Banking as a Service regulation and the BCRP timeline leaves two visible deadlines on the local agenda. On one side, fintechs operating as payment service providers must complete their authorization process within the window set for 2026. On the other, banks and fintechs tied to BaaS models fall under a regulatory framework that, according to El Peruano's coverage, reshapes the obligations they must meet.

Gestión also reported that more than 50 fintech companies would be supervised by the BCRP, expanding the practical scope of this regulatory transition in the country.