{"id":22231,"date":"2025-10-07T22:14:25","date_gmt":"2025-10-07T22:14:25","guid":{"rendered":"https:\/\/www.finnosummit.com\/la-gran-paradoja-de-los-pagos-en-mexico-tecnicamente-listos-sistemicamente-bloqueados\/"},"modified":"2025-10-07T22:30:08","modified_gmt":"2025-10-07T22:30:08","slug":"la-gran-paradoja-de-los-pagos-en-mexico-tecnicamente-listos-sistemicamente-bloqueados","status":"publish","type":"post","link":"https:\/\/www.finnosummit.com\/en\/la-gran-paradoja-de-los-pagos-en-mexico-tecnicamente-listos-sistemicamente-bloqueados\/","title":{"rendered":"The great paradox of payments in Mexico: Technically ready, systemically blocked"},"content":{"rendered":"\n

A new and incisive report by Interledger Foundation and Finnosummit reveals why Mexico\u2019s payment ecosystem\u2014despite its technological maturity\u2014remains stalled by a lack of interoperability. The path forward, however, has never been clearer.<\/p>\n\n\n\n

In the digital age, sending an email or a photo from Mexico to Japan takes milliseconds. Moving money between those same points, however, remains a maze of waiting days and fees that can swallow up to 10% of the value. This disparity\u2014one that the industry has come to normalize\u2014is both the root of the paralysis and the greatest opportunity for Mexico\u2019s financial sector.<\/p>\n\n\n\n

The Internet of Opportunity: Unlocking Financial Interoperability in Latin America<\/a>“<\/strong> presented by Interledger Foundation and Finnosummit, not only quantifies this friction but also exposes an uncomfortable paradox: the problem is no longer technology, but the lack of collective will.<\/p>\n\n\n\n

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The Diagnosis: An Ecosystem of Silent Frictions<\/strong><\/p>\n\n\n\n

The report\u2019s analysis is striking. Mexico\u2019s payment system operates like a \u201cfragmented archipelago,\u201d<\/em> where islands of innovation fail to connect. This creates systemic costs that hold back the country\u2019s potential:<\/p>\n\n\n\n

High fees for merchants:<\/strong> The average cost for a business in Mexico to accept a digital payment (MDR) is 2.0%\u2014more than double the European average of 0.9%. This figure is a direct barrier to the digitalization of millions of SMEs.<\/p>\n\n\n\n

Cash dependency:<\/strong> As a result, cash remains king. 92% of Mexicans still use it for retail transactions\u2014a symptom of mistrust, lack of access, and limited infrastructure.<\/p>\n\n\n\n

High remittance costs:<\/strong> Sending money to Mexico from the U.S. carries an average cost of 4\u20135%, far above the UN target of 3%. This erodes vital funds for thousands of families.<\/p>\n\n\n\n


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The Revelation: The Paradox of Readiness<\/strong><\/p>\n\n\n\n

Here\u2019s where the report gets fascinating. The barrier to solving these problems is no longer technical. A survey of more than 50 companies in the sector reveals that the Mexican ecosystem is, in theory, ready for change:<\/p>\n\n\n\n