Overview

• Launched July 15, the alliance extends Mercado Pago’s network from 20,000 to over 23,000 withdrawal points through Oxxo’s stores.
• Withdrawals require users to present their physical Mercado Pago card, select an amount, and enter their NIP at the register.
• Transactions are processed via Mastercard’s clearinghouse—authorized by Banco de México in 2018 and previously used to integrate fintechs like Nu.
• Oxxo’s expansive footprint, including its first U.S. store in Texas earlier this year, underpins FEMSA’s strategy to boost its retail and financial services reach.
• Partners say the service targets underserved communities by combining digital finance with reliable cash access to strengthen inclusion.