Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexican central bank in talks with Amazon about new mobile payments

Mexico’s central bank is in talks with Amazon.com Inc to launch a new government-backed mobile payment system that would allow consumers to pay for online purchases using QR codes, the bank’s head of payments said.

It would be the first time the world’s largest online retailer offers such scanning technology in Mexico and could eventually open a new customer base in a nation where more than half of the population has no bank account.

The payment system, known as CoDi, is being built by central bank Banco de México, known as Banxico. CoDi will . . .

Read Full Story

Related Posts

sheinbaum-nichupte-bridge-year-end

Why Cancún’s Nichupté Bridge Now Costs Twice as Much

Cancún’s Nichupté Bridge may open in late April, but officials now say the final construction...
Los Cabos Swimmers Set to Smash Records in Sea of Cortez

Los Cabos Swimmers Set to Smash Records in Sea of Cortez

Over 500 swimmers will descend on Playa Palmilla this May for a record-breaking open water...
puerto vallarta heat

Puerto Vallarta Heat Warning Issued for Jalisco Coast

Stay safe in Puerto Vallarta as extreme heat and high radiation hit the coast. Learn...
christmas trash

Vallarta Garbage Crisis Grows as Contractor Stops Pickups

Puerto Vallarta faces a waste crisis as Red Ambiental halts garbage pickup over a 110...