Mexico news and trends

Mexican Banking FinTech Klar Aims for 2026 IPO
IPO // November 03, 2024

Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar is eyeing annual run rate of $500 million as a target for its initial public...

Santander’s Getnet Launches Single Entry Point for Payments in Latin America
eCommerce // October 25, 2024

Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP gives merchants in these countries access to Getnet’s payment services through one integration, the company said in a Friday (Oct....

Mastercard and Paysend Launch Remittance Solution in Mexico
Partnerships // October 07, 2024

Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way to receive remittances, even if the recipient is underbanked or unbanked, the companies said in a Friday (Oct. 4) press...

92% of Small Businesses in Latin America Accept Digital Payments
Digital Payments // October 03, 2024

As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing real-time digital alternatives. A  PYMNTS Intelligence report, “Promising Payments: Digital Payments Gain Ground in Latin...

Interviews & Exclusives
92% of Small Businesses in Latin America Accept Digital Payments

October 03, 2024
As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing real-time digital alternatives. A  PYMNTS Intelligence report, “Promising Payments: Digital Payments Gain Ground in Latin America,” in collaboration with Galileo, examines how the region is […]

Mexican Consumers Seek More Payments Choice and Product Details

June 03, 2024
Consumers around the world want to access specific digital features when shopping, whether they are perusing aisle 3 or clicking from their couch at home. PYMNTS Intelligence recently investigated this...

What Are Merchants in Mexico Doing to Boost In-Store Sales?

May 20, 2024
Across Mexico, more consumers are turning to digital shopping features that offer savings and improve convenience while shopping in the store. Consumers enjoy walking into brick-and-mortar locations, but they also...

Real-Time Payments Put Spotlight on Small Businesses as New Year Begins

January 09, 2024
As the new year begins, the global demand for faster, streamlined transactions continues to fuel the expansion of real-time payments worldwide. Countries are employing diverse approaches to developing, deploying and...

Quick Reads
Amazon Forms Grocery Delivery Pact With Mexico’s Jüsto

November 04, 2024
Amazon has reportedly launched a partnership with Mexican grocery delivery startup Jüsto. As Bloomberg News reported Monday (Nov. 4), that collaboration will see Amazon offer Jüsto’s service on its Mexican eCommerce platform. Customers visiting Amazon’s Mexican site will be able to buy things like produce, meat and fish from Jüsto, which will handle deliveries.  Ricardo […]

Mexican Banking FinTech Klar Aims for 2026 IPO

November 03, 2024
Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News Saturday (Nov. 2) that Klar...

Santander’s Getnet Launches Single Entry Point for Payments in Latin America

October 25, 2024
Getnet launched a regional eCommerce solution that provides a single entry point (SEP) for payments in Argentina, Brazil, Chile and Mexico. The new Getnet SEP gives merchants in these countries...

Mastercard and Paysend Launch Remittance Solution in Mexico

October 07, 2024
Mastercard and Paysend partnered to launch the Paysend Libre remittance solution in Mexico. Paysend Libre uses a virtual Paysend Mastercard to provide a secure way to receive remittances, even if...