Sheinbaum Denies Cash Ban and Explains Changes in Gas Stations and Booths
10 Articles
10 Articles
President Claudia Sheinbaum Pardo denied that the new Digital Economy Law would ban cash payments in Mexico and explained that the proposal seeks to facilitate the use of digital payments. During her People's Tomorrow's Conference on Thursday, September 24, 2026, Sheinbaum explained that the digitization of payments seeks to progress gradually, mainly for fiscal, security and collection reasons. "It is not that you will ban cash, much less, imag…
Mexico seeks to gradually reduce the use of cash and increase digital payments, with gas stations and roads as the first sectors where the measure would be applied. President Claudia Sheinbaum explained that the Digital Economy Law does not prohibit cash, but seeks to facilitate the...
Mexico City, Mexico.- The Government of Mexico seeks to accelerate the transition to digital payments and gradually reduce the use of cash in strategic sectors, although this does not mean that cash will be banned. The strategy is part of the proposed Digital Economy Law and plans to start in sectors such as gas stations and roads, with the aim of facilitating electronic transactions, reducing costs and strengthening aspects related to security …
The new Digital Economy Law is an initiative sent by the federal executive to the Congress of the Union as part of the Economic Package 2027, whose objective is to promote the digitization of the economy, combat financial crimes and reduce the use of cash in strategic sectors such as gas stations and roads.From Palacio Nacional, the president [...] The Sheinbaum post proposes Digital Economy Law to reduce the use of cash appeared first on Contra…
The recent proposal of the Digital Economy Law, announced by the President of the Republic, Claudia Sheinbaum, represents a fundamental opportunity to strengthen the domestic market, boost local trade and provide greater tools to small businesses in the country.This was highlighted by Senator Lorenia Valles Sampedro, who stressed that the implementation of an official system of payments and payments through mobile devices through the SPEI and Co…
President Claudia Sheinbaum Pardo noted that the Digital Economy Law has as its main objectives to accelerate the adoption of digital payments, deepen financial inclusion and encourage the formalization of businesses and reduce the ease for corruption cases. From the National Palace, she also recalled that this law seeks to take advantage of the financial infrastructure of SPEI [...] The post Digital Economy Law will boost digital payments to re…
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