US EditionLooking to an All-Digital Future, Sheinbaum Plans to Eliminate Cash at the Pump and the Toll Booth
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11 Articles
Looking to an all-digital future, Sheinbaum plans to eliminate cash at the pump and the toll booth
As part of her goal of digitizing the Mexican economy, President Claudia Sheinbaum said on Thursday that cash payments at gas stations and highway toll booths will be eliminated starting this year. Sheinbaum said her administration is working with the the banking sector to standardize digitized payment procedures nationwide to promote their use, and especially with Banco de Bienestar to facilitate digital payments for all Mexicans. President Cla…
I was surprised by the backlash generated by President Claudia Sheinbaum's proposal at the opening of the Banking Convention, where she announced that this year she will seek to make electronic payments for tolls and gasoline mandatory. THE IDEA: One way to evaluate the validity of a public policy idea is to imagine it was put forward by someone from the opposite political spectrum; then, the context and implementation scenarios must be conside…
Mexico City, Mexico.- During her participation in the 89th Banking Convention, held in Cancun, President Claudia Sheinbaum announced a national agreement with the Bank of Mexico (Banxico) and commercial banking to accelerate the adoption of digital payments in the country and reduce the use of cash. The strategy foresees that, by the end of 2026, both toll booths and gas stations throughout the national territory accept electronic payments throu…
One of the main agreements with Mexican banking is to accelerate the transition to digital payments, Sheinbaum said.
One of the main agreements with Mexican banking is to accelerate the transition to digital payments, Sheinbaum said.
One of the main agreements with Mexican banking is to accelerate the transition to digital payments, Sheinbaum said.
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