14 | NOV | 2019
Amazon Cash is now available in Oxxo
Amazon and Oxxo have been partnering to boost online shopping - Photo: Carlos Jasso/REUTERS

Amazon Cash is now available in Oxxo

02/04/2019
11:33
Reuters
Mexico City
-A +A
The chain already partners with Amazon on a package pick-up program in some 3,000 Oxxo stores

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Amazon is now accepting cash payments at Mexico’s top corner store chain, Oxxo, both companies announced on Monday, opening a major channel for the e-commerce leader to reach millions of people in the country who rely heavily on cash.

Oxxo has nearly 18,000 stores across Mexico, where nearly 60% of the population lack bank accounts, posing an obstacle for online shopping.

In 2017, Amazon in Mexico began accepting cash payments at several convenience store chains, including 7-Eleven. The partnership with Oxxo, which already accepts cash for a number of online merchants including Amazon competitor MercadoLibre, will vastly expand the company’s reach.

Under the service, called Amazon Cash, shoppers can deposit between MXN $100 and MXN $5,000 per transaction to their Amazon accounts online, with a daily limit of MXN $10,000. Amazon will reimburse an MXN $12 commission charged by Oxxo per transaction, the companies said.

The chain already partners with Amazon on a package pick-up program in some 3,000 Oxxo stores, aimed at serving shoppers who live in areas where home delivery is complicated.

Artículo

Amazon and OXXO convenience stores make alliance for delivery service

Starting 18 May, clients will be able to make use of this service on amazon.com.mx
Amazon and OXXO convenience stores make alliance for delivery serviceAmazon and OXXO convenience stores make alliance for delivery service

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