.avif)
Mexico
CoDi Is Expanding Real-Time Payments Across Mexico
Mexico's payment ecosystem combines widespread card usage with a growing real-time payment infrastructure built around CoDi, the Central Bank's QR-based instant payment platform. Designed to enable account-to-account payments using SPEI, CoDi supports interoperable digital payments between consumers and merchants.
Digital wallets continue gaining adoption alongside traditional payment methods, while OXXO, Mercado Pago and PayPal remain important parts of the country's payment landscape.
Through one API, 8B connects businesses to CoDi and Mexico's leading local payment methods.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
Supported Payment Methods
SPEI (Sistema de Pagos Electrónicos Interbancarios) is Mexico’s real-time interbank electronic payment system developed and operated by Banco de México. It enables near-instant account-to-account transfers between bank accounts through online and mobile banking. In 2025, SPEI processed more than 6 billion transactions, making it one of Mexico’s most important payment infrastructures for consumers, businesses and financial institutions.
speed
Reasons for Popularity
Nationwide Coverage: Nearly all banks in Mexico participate in SPEI, ensuring that users can make payments efficiently regardless of their bank
Convenience: Users can access SPEI through various channels, including online banking, mobile banking, and bank branches, making it highly accessible
Security and Reliability: SPEI offers secure transactions through a protected network, with no chargebacks and robust fraud protection, which enhances trust among users
CoDi (Cobro Digital) is Mexico’s real-time payment system developed by Banco de México. It enables consumers and businesses to make instant account-to-account payments using QR codes and digital payment requests without relying on card networks. CoDi is integrated directly with participating banks, making it one of the country’s core payment methods for retail purchases, peer-to-peer transfers and business payments. By 2025, CoDi had more than 21 million validated accounts, although adoption has grown more slowly than Mexico’s broader SPEI transfer system.
speed
Reasons for Popularity
Convenience: CoDi allows individuals to conduct digital transactions using only their mobile phones, which has contributed to financial inclusion
E-commerce and Business Transactions: The platform has facilitated e-commerce and transactions between businesses and consumers, contributing to the growth of the digital economy
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
