Mexico Just Made It Legal to Ban Cash in Entire Sectors. Here's What Changes.
19 Articles
19 Articles
Digital Economy Law: What Changes in Payments and What Will Happen to Cash in Mexico · Global Voices
The regulation has entered into force on 5 November and empowers the Treasury to define the sectors that will be able to operate exclusively with electronic payments. Its application will depend on subsequent rules and transitional periods
Editorial / Grupo Canton The standard, published in the DOF on November 4, governs from day 5 and promotes the use of transfers, cards and QR codes. Compare commissions, strengthen banking security and maintain an emergency fund are among the recommended measures. Mexico City.— The Digital Economy Law for [...]
Recently, in the Official Journal of the Federation, the Digital Economy Law for Digital and Electronic Payments was published, aimed at implementing digital charges in service stations throughout the country. To analyze their scopes, PETROIntelligence organized the webinar “Digital Payments in Service Stations: Challenges for Mexico and Lessons for Latin America.” There, the leaders of the National Organization of Petroleum Suppliers (Onexpo Na…
On November 4, 2026, the Law on Digital Economy for Digital and Electronic Payments was published in the Official Journal of the Federation, which seeks to promote the use of electronic means of payment and reduce cash.On social networks, videos were circulated that assure that the norm will prohibit cash or that faults in terminals would have consequences for small businesses.This is false, the same law states in its article 15 that before forc…
The law that will allow the establishment of digital payment as the only means of transaction in certain sectors came into force yesterday, and launched two 15-day deadlines: the first for the Ministry of Finance to define the economic activities in which it will apply the measure and the second for the competent authorities [...] The position To understand the sector: this will start the transition to mandatory digital payment first appeared in…
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