OXXOPay
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.
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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
