Mexico Central Bank Working to Open up Payment System to Uber

March 22, 2019 / By Ian Hayden Parker

Mexico’s central bank is working to find a way for ride-hailing giant Uber Technologies Inc to participate in a new mobile payments system, the bank’s governor said on Friday.

In an interview, Banco de Mexico Governor Alejandro Diaz de Leon said the bank was seeking to get more companies on board with the system aimed at promoting financial inclusion, including the San Francisco-based tech firm.

Uber in Mexico did not immediately respond to a request for comment.

The payment system, known as CoDi, will allow customers to make payments through smartphones free of charge using QR codes.

(Reporting by Stefanie Eschenbacher and Dave Graham; writing by Julia Love; Editing by Marguerita Choy)

Mexico's central bank is working to find a way for ride-hailing giant Uber Technologies Inc to participate in a new mobile payments system . . .

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