Mobile payments may soon be the ascendence of eroticismcoming to Mexico, courtesy of Amazon.
Mexico’s central bank, Banxico, is currently in talks with Amazon to developer a mobile payment system backed by the country’s government. The payment system, known as CoDi, would allow customers to pay for purchases, both online and in-person, using QR codes on their smartphones.
As Reuters points out in its report, more than half of Mexico’s population does not have a bank account. Banxico is looking to change this with CoDi.
According to market research firm Euromonitor International, less than 4 percent of total retail sales in Mexico came from ecommerce last year. The QR code-powered mobile payment service would be free of charge to use, which should help spur growth in the country’s online shopping sector.
Smartphone-powered payment systems have surged in popularity in countries like China and India. In China, for example, nearly halfof the country’s population used mobile payments in 2018. Last year, India’s mobile payment usage saw close to a 40 percent increase from 2017.
The mobile payment system, a first for Mexico, would open up a whole new customer base in the country to a new avenue that would allow them to take part in the country’s economy. Mexico’s central bank has clearly seen the success mobile payments have had in other countries and a partnership with an ecommerce giant like Amazon to implement the technology would be a serious bet to place.
Banxico will launch a trial of the mobile payment service later this month.
Topics Amazon
Nvidia DLSS: An Early Investigation
The Changing Meaning of “Self
Our New Website Features Our Complete Digital Archive
Anthony Madrid on Jonathan Swift
A worthless juicer and a Gipper-branded server
Talking to My Mom About China’s Cultural Revolution
The AI Seinfeld show loop broke but it's still alive
Our New Website Features Our Complete Digital Archive
Amazon Big Spring Sale 2025: Save $20 on Amazon Echo Show 5
Best Lego deal: Get the Lego Icons Tiny Plants set on pre
Acupuncture for pets is on the rise
Becoming Invisible: An Interview with Mary Ruefle
Peter Juzak Photographs Pain Pills Under the Microscope
Apple 10/30 event: The entire 'Scary Fast' live stream was filmed on iPhone
Boeing's new VR simulator immerses astronauts in space training
In Memoriam: William Christenberry’s South
Excerpts from Donald Judd’s Writings, Selected by His Son, Flavin
Staff Picks: Teddy Wayne, Terrance Hayes, Notes on Blindness
Stop Preordering Video Games
Now Online: Our Interviews with Dag Solstad, Jay McInerney
6 times navigation app Waze drove itself right into a scandalFox News actually runs a poll showing how little people trust themLittle girl terrified by crawfish is now scarred for lifeApple's revamped Mac Pro won't launch until 2019, but that's OK15 times we screamed while watching Drake's celebChadwick Boseman helps stop white people from ruining the Wakanda saluteLeap Motion's highChewie isn't solo: Star Wars fans howl over a Wookiee love storyThe best part of Mark Zuckerberg appearing in front of Congress was the memesA list of times we watched movie sex scenes with our parentsIf Apple breaks from Intel, will Macs get cheaper?Someone turned this scrawled graffiti into a work of art with 1 simple signInterview: How Kay Cannon reimagined the teen sex comedy in 'Blockers'13 photos that show Mark Zuckerberg's volatile emotions in CongressIndian officials deal blow to cryptocurrenciesWhy is SpongeBob so damn memeChadwick Boseman helps stop white people from ruining the Wakanda saluteThe creators of 'Westworld' trolled their fans spectacularlyFacebook launches data abuse bounties to find next Cambridge AnalyticaEverything you need to know about equal pay day NASA imagery shows the beauty of nature's fury amidst fires and storms Don't miss the 'Sharp Objects' spooky post Cubs fan catches foul ball in beer cup, then chugs the rest Celebrities tweet solidarity in the wake of the #AltonSterling and #PhilandoCastile shootings AutoX starts autonomous grocery delivery service in Bay Area Today is Women's Equality Day! Here's how to celebrate. Dedicated man in dino suit photoshops himself into celebrity pics Acer unveils StarVR One headset with built Bugatti will make only 40 of its new $5.8 million super sports car 6 basic essentials for turning a side project into a legit business Beyoncé on Alton Sterling, Philando Castile's deaths: 'This is a human fight' Rotten Tomatoes will now showcase a much more diverse range of voices Indian illustrator captures the struggles of people living with anxiety Conservative Facebook employees create a group to complain about 'political monoculture' 3D gun group skirts law by selling blueprint files on flash drives 8 things you can totally use dating apps for that aren’t dating Enjoy breakfast at the 'Harry Potter' studio tour like the wizard you are Shoutout to this roadside hero for reminding people how to drive Trump's awkward call with the president of Mexico gets mashed with 'Veep' credits Crazy painful hammer throw reminds us why safety always comes first
2.5831s , 8262.1015625 kb
Copyright © 2025 Powered by 【the ascendence of eroticism】,Prosperous Times Information Network