PAY-INS AND PAYOUTS IN MEXICO
Enter Mexico's expanding cross-border payments market with SPEI connections
Urbanization is growing in Mexico and so are remittances. There's an increasing demand in digital payments products. Find out why your company should be investing in Mexico.
Mexico, a promising market for your company to be part of
127,5M
populationMexico ranks as the second-largest population in Latin America.
Mexicans have an increasing demand of digital payment methods.
81%
urbanizationInmigrants and remitances from the US to Mexico
US$55B
volume of remittancesUS$4,3B
The volume Bitso achieved for the corridor between the US and Mexico by 2023.
SPEI: Connection to the method developed by Banco de México
With Bitso Business, your company has direct connection to SPEI so all deposits and withdrawals are instant.
Execute instant payments 24/7, ensuring fast and reliable transactions anytime.
Perform payments to any CLABE account, debit card, or phone number.
Reduce manual workload by scheduling your batch payments via API.
How do businesses expand?
The challenge
Our solution
High costs
Thanks to our use of blockchain, the transactions are more cost-effective, faster, and more transparent than traditional financial services.
Long processing time
Enable real-time payments without the need for pre-funding, resulting in capital efficiency.
Not being able to pay in local currencies
Full regulatory compliance and secure financial transactions.
Security breaches
Access Latin America with a single, easy-to-integrate API that reduces time-to-market.
Can't comply with regulations
Liquidity anywhere in the world.
Let’s get in touch
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