return to all countries
Payment Gateway
Mexico
Local, Online & Cross-Border Payments
Mexico

Mexico

Mexico
Top e-commerce industries
23.4%
Electronics
21.1%
Hobby & Leisure
21%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery

Welcome to 8B — a trusted cross-border payment provider combining global-grade technology with deep local market access.

If you’re expanding into the region — across e-commerce, travel, gaming, digital services, or platforms — 8B makes it easy to accept local payments, send payouts with confidence, and manage all financial flows through a single, unified solution.

Mexico City
Capital
130.7M
Population
GMT -5 to -8
Time Zone (GMT)
MXN ($)
Currency
Mexican peso
$167.7B
Transactions
value in 2030
9.8%
CAGR
of Digital Payments during 2025-2030

Built for Today’s Most Dynamic Sectors

Extend your reach with a comprehensive set of local wallets, bank rails and alternative payment methods preferred by consumers.

Payments & Payouts

Manage everything - customer payments, partner payouts, contractor disbursements  - through one unified platform.

Cross-Border Business Payments

Retail & E-commerce, Gaming & Travel Payments, PSPs

Deliver a fast, frictionless checkout experience optimized for high-volume online transactions.

Settle globally and pay out locally with full transparency, strong compliance and efficient routing across payment ecosystem.

Todito
OXXOPay
SPEI
CoDi
Bank Transfer
6%
Buy Now Pay Later
1%
Cash-in
2%
Credit Cards
33%
Debit Cards & Prepaid Cards
22%
E-wallet
28%
Mobile Money
28%
Others
8%
A Local Payment Gateway
Mexico
Can Rely On

Entering a new market doesn’t need to be complicated. 8B gives you secure infrastructure, intuitive tools and the complete suite of Local Payment Methods your customers trust — no credit cards required.

Local Payment Methods, Fully Connected

Give shoppers the payment options they use every day:

Extend your reach

Todito Cash is a payment wallet Mexicans use to pay online, settle bills and transfer money between each other.

Method
Todito
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
2M
Disbursements
No
No
Chargebacks
No
Authorization currency
MXN
Authorization
speed
instant
Recurring
No
No
Notify when available

Reasons for Popularity

Accessibility: Todito offers services that are accessible to a wide range of users, including those without traditional banking access. This is particularly important in Mexico, where a significant portion of the population may not have bank accounts

Convenience: ToditoCash prepaid cards can be easily purchased and reloaded at numerous retail locations across Mexico, making it convenient for users to manage their funds

Flexibility: The platform allows users to make various types of transactions, such as paying bills, shopping online, and even transferring money. This flexibility makes it a versatile tool for managing finances

OXXO lets people in Mexico pay for online transactions in cash at over 20,000 stores using a simple voucher. It's a key payment option for those without bank accounts or credit cards.

Method
OXXOPay
LPM Market Share
10%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
71M
Disbursements
No
No
Chargebacks
No
Authorization currency
MXN
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Cash-Based Economy: Many people in Mexico still rely heavily on cash for their daily transactions. OXXO Pay caters to this preference by allowing customers to pay for online purchases with cash at any OXXO store

Trust and Familiarity: OXXO is a well-known and trusted brand in Mexico. Many customers feel comfortable using its services, which contributes to the popularity of OXXO Pay as a payment method

Financial Inclusion: A significant portion of the Mexican population remains unbanked or underbanked. OXXO Pay provides these individuals with a way to participate in e-commerce without needing a bank account or credit card

Widespread Network: OXXO is one of the largest convenience store chains in Mexico, with thousands of locations across the country. This extensive network makes it easy for customers to find a nearby store to complete their transactions

SPEI (Sistema de Pagos Electrónicos Interbancarios) is Mexico's Interbank Electronic Payment System, developed by the Bank of Mexico (Banxico). SPEI allows for various transactions, including B2B, B2C, and P2P payments, making it a versatile tool for both businesses and individuals.

Method
SPEI
LPM Market Share
60%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
17M
Disbursements
Yes
Yes
Chargebacks
No
Authorization currency
MXN
Authorization
speed
Instant
Recurring
No
No
Notify when available

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, or Cobro Digital, is a payment system in Mexico that allows for instant bank transfers using a QR code or other digital identifiers.

Method
CoDi
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
16M
Disbursements
No
No
Chargebacks
No
Authorization currency
MXN
Authorization
speed
Instant
Recurring
No
No
Notify when available

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

Why Companies Choose 8B in
Mexico

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.