🇪🇸 Spanish, 19 October 2026, digital payments
Mexico Not Ready to Abandon Cash
Digitalization of payments in Mexico requires strengthening cybersecurity, reducing bank fees, and addressing technological gap.
The transition to digital payments in Mexico requires education, accessible infrastructure, and protection mechanisms against fraud, according to the president of the College of Economists.
Mexico’s digital payment model is hindered by obstacles such as lack of knowledge about banking apps, limited internet access, and generational differences in digital tool management.
The country needs to strengthen its digital platforms to facilitate operations and reduce costs, while ensuring user protection against identity theft and unauthorized transactions.