In Mexico, despite a significant banking penetration and a commitment to digital payments, the flagship digital payment system, CoDi, has struggled to gain traction over six years, prompting the government to mandate digital payments for gas stations and toll booths by 2026, amidst concerns about the system's effectiveness and the need to address fundamental barriers such as bank disincentives, operational fragmentation, and user distrust to foster a genuinely digital economy. #DigitalPayments #Fintech #CashlessEconomy #MX
