Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Uber begins accepting cash in Mexico City after Supreme Court ruling

Uber Technologies Inc said on Thursday that it would begin accepting cash fares in Mexico City, seizing on a recent Supreme Court decision, though local government has yet to approve the form of payment.

Uber waged a long campaign for cash fares in Mexico where roughly 60 percent of the population lacks a bank account.

Mexico’s top court sided with the company two weeks ago, finding that a state ban on cash fares for ride-hailing firms was unconstitutional, setting a national precedent.

Although a cash ban in Mexico City is still in place, Uber decided to begin accepting . . .

Read Full Story

Related Posts

Puerto Vallarta mass wedding draws over 300 couples

Puerto Vallarta mass wedding draws over 300 couples

More than 300 couples were married in Puerto Vallarta’s mass civil wedding, a public event...
Puerto Vallarta trafficking fight stalls amid corruption

Puerto Vallarta trafficking fight stalls amid corruption

A specialist says corruption and surface-level enforcement are weakening anti-trafficking efforts in Puerto Vallarta and...
Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...

Why $100 Oil Still Raises Everyday Costs in Mexico

Mexico produces oil, but households still absorb fuel shocks through freight, food prices, tax subsidies,...