Mexican Local Payment Methods

Reach new consumers

Mexico

Why enter Mexico?

61.6M internet users made online purchases in 2019

The pandemic caused many of the 74% of Mexican citizens who had not yet shopped online to try e-commerce for the first time

Fastest growing e-commerce in the world, with a year on year growth rate of 35%

Source: Statista and JPMorgan

22.6Bn e-commerce market value

70% of internet penetration

28.3% growth B2C ecommerce

Local payments are the norm

With Pagsmile you can offer all these Mexican payment methods and access a new customer base

Pagsmile payment solutions in Mexico

Voucher

The OXXO invoice is the preferred alternative payment method in Mexico which enables cash payment for an array of expenses such as utility bills, in-store products, and online purchases at over 15,5K OXXO convenience store locations.

Debit & Credit Cards

Accept both debit & credit card transactions in Mexico and attain the highest approval rates in Mexico with advanced fraud prevention, local acquiring and smart routing.

DIgital wallets

The popularity of digital wallets is increasing in Brazil, mostly due to the benefits offered by them, such as convenience, security, and simplicity to pay. Be ahead of the market and start to offer digital wallets on your e-commerce store.

Bank transfer

The Interbank Electronic Payment System (Sistema de Pagos Electrónicos Interbancários, in Spanish) is a payment system developed by Banco de Mexico and commercial banks, that enables bank clients to send and receive money transfers instantly.