Sheinbaum Denies Cash Ban and Explains Changes in Gas Stations and Booths
7 Articles
7 Articles
President Claudia Sheinbaum Pardo denied that the new Digital Economy Law would ban cash payments in Mexico and explained that the proposal seeks to facilitate the use of digital payments. During her People's Tomorrow's Conference on Thursday, September 24, 2026, Sheinbaum explained that the digitization of payments seeks to progress gradually, mainly for fiscal, security and collection reasons. "It is not that you will ban cash, much less, imag…
Mexico City, Mexico.- The Government of Mexico seeks to accelerate the transition to digital payments and gradually reduce the use of cash in strategic sectors, although this does not mean that cash will be banned. The strategy is part of the proposed Digital Economy Law and plans to start in sectors such as gas stations and roads, with the aim of facilitating electronic transactions, reducing costs and strengthening aspects related to security …
The new Digital Economy Law is an initiative sent by the federal executive to the Congress of the Union as part of the Economic Package 2027, whose objective is to promote the digitization of the economy, combat financial crimes and reduce the use of cash in strategic sectors such as gas stations and roads.From Palacio Nacional, the president [...] The Sheinbaum post proposes Digital Economy Law to reduce the use of cash appeared first on Contra…
It was reported that the Digital Economy Law seeks to accelerate the transition to mobile payments and deepen banking. Be aware! The Digital Economy Law charge will reduce cash use first appeared on Eleven News.
Claudia Sheinbaum highlighted that the Digital Economy Law seeks to boost the digitization of payments in Mexico to improve the security, efficiency and formalization of small and medium-sized enterprises. The government expects that by 2027 cash payments will decrease 50 percent. The post Digital Economy Law seeks to reduce the use of cash and promote payments with CoDi appeared first on Capital Mexico.
President Claudia Sheinbaum clarified that “it is not that cash will be banned.”
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
