MassPay Insights

Oxxo's Importance in Mexico

Written by Jeff Katz | Nov 21, 2022 3:38:00 PM

If you’re expanding your business to Mexico, you can’t forget about OXXO.

Not only is it the largest chain of convenience stores in Latin America, but it’s also how many Mexicans pay for things like bills and online purchases.

Here’s how it works 👇

➡️A person selects OXXO as a payment type

➡️They get a voucher with a reference number for their transaction

➡️They go to their nearest OXXO store and make a cash payment

Many Mexicans also use OXXO as a cash pick up venue. With 20,000+ locations across Latin America (and another 10,000 planned by 2031), this is an easy way for most people to access their money.

So if you’ve got payees in Mexico, make sure you add this to your list of payout options ✅