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Mexico Good-Bye to Banknotes: Banks Want to Speed up Digital Payments

Summary by DPL News
The CEO In Mexico, cash is still the king. In a country with more than 100 million smartphones and more than 268 million credit and debit cards, the financial system lives a paradox: eight out of every 10 payments are still made in cash. A panorama that banks seek to reverse to say goodbye to coins and banknotes. Read more...
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The CEO In Mexico, cash is still the king. In a country with more than 100 million smartphones and more than 268 million credit and debit cards, the financial system lives a paradox: eight out of every 10 payments are still made in cash. A panorama that banks seek to reverse to say goodbye to coins and banknotes. Read more...

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DPL News broke the news in on Monday, June 2, 2025.
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