# Peso

> Protect your pesos. Save in USD.

Peso lets Latin American users open a US bank account, save in digital dollars, and spend with a Visa debit card using only a government-issued ID.

Peso is a financial technology app for Latin American residents who want to hold savings in US dollars and protect against local currency depreciation. Users can convert local currency to digital dollar tokens using local payment methods, earn daily interest on their balance, and spend globally with a physical or digital Peso Visa debit card. An account requires only a government-issued ID, with no US citizenship or residency needed.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2025-01-01
- Profile: https://thegrid.id/profiles/peso

## Products

- [Peso](https://thegrid.id/profiles/peso): Peso is a mobile application for Latin American users to open US-based bank accounts and hold savings in digital dollars without requiring US residency or citizenship. Users fund accounts via local payment methods including QR codes and credit or debit cards, earning between 3% and 10% annual interest paid daily. A Peso Visa debit card supports purchases globally and is compatible with Apple Pay and Google Pay. Incoming transfers are accepted from platforms including Deel, Upwork, Wise, and PayPal. (Neobank, Live, Main Product)

## Links

- [Main](https://www.peso-latam.com)
- [Privacy policy](https://www.peso-latam.com/politicas-de-privacidad)
- [Terms of Service](https://www.peso-latam.com/terminos-y-condiciones)
- [Instagram](https://www.instagram.com/peso.latam)
- [LinkedIn](https://www.linkedin.com/company/peso-latam)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP