How Mexico’s Central Bank Plans To Move Payments To Digital
PYMNTS
JANUARY 6, 2021
In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. The platform lets B2B, P2P and other commerce take place over Mexico’s real time gross settlements payments system, known as SPEI (in turn tied to wire transfers) for short.
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