Market Chatter: Fomento Economico Mexicano's NetPay Rolls Out Digital Payments System for Gas Stations

MT Newswires Live

May 15

Fomento Economico Mexicano's (FMX) NetPay unit is rolling out a digital payments system for gas stations across Mexico, Reuters reported Thursday, citing the company.

The system supports gas stations accepting card, QR-code, and CoDi payments and integrating those transactions to station control and operating systems, the news agency reported.

The system could be launched for other sectors as well, including restaurants and retail, Reuters reported.

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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