Amazon.com Inc is now accepting cash payments at Mexico’s top corner store chain, Oxxo, the two said on Monday, opening a major channel for the e-commerce leader to reach millions of people in the country who rely heavily on cash.
Oxxo, owned by Mexican conglomerate Femsa, has nearly 18,000 stores across Mexico, where nearly 60 percent of the population lack bank accounts, posing an obstacle for online shopping.
Amazon in Mexico began accepting cash payments in 2017 at several convenience store chains, including 7-Eleven. The partnership with Oxxo, which already accepts cash for a number . . .
