👨🏽🌾 Mexico 🇲🇽: Platforms like Openpay (from BBVA bank) and Kueski Pay (microloans) are joining forces to launch BNPL.
👨🏽🌾 Mexico 🇲🇽: Platforms like Openpay (from BBVA bank) and Kueski Pay (microloans) are joining forces to launch BNPL.
The “Buy Now, Pay Later” (BNPL) option will allow Mexicans to shop online with hardly any guilt…
➡️ 80% of transactions in Mexico are still in cash... but fintechs are working on it. And it turns out that 70% of marketplace enthusiasts prefer to pay precisely with electronic money... and if it's in installments, then it's even better.
➡️ The usual installment format is 2 payments per month. A study conducted by the company Research & Markers showed that in 2023, the volume of deferred payments, which do not require the use of a credit card, reached 16.6 million USD, and that by 2028 this volume is expected to grow by 26% and reach 52.5 million USD.➡️ In Mexico, there are 132,274,337 people, the GDP per capita is 11,496 USD, and Mexico also occupies the 2nd place in the world in the number of remittance recipients.
#news #Mexico
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