Overview

• The service operates 24/7 across more than 23,000 Oxxo outlets, offering round-the-clock access to cash disbursements.
• Businesses send customers a unique QR code via SMS or email that authorizes no-account cash withdrawals at the store register.
• Funds are settled flexibly through Mexico’s SPEI interbank system and consolidated in daily merchant settlements.
• Designed for a cash-centric market, the tool targets over 22 million unbanked adults who rely exclusively on cash.
• The launch complements Femsa’s fintech push, following direct SPEI integration and signaling its intent to seek a banking licence.