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Todito

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
$25.00
Authorization currency
MXN
Authorization
speed
instant
Recurring
No
No

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