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Mexico pushes digital economy reforms with new payments law

Original: economía digital

Mexico's Senate is weighing a new Digital Economy Law for digital and electronic payments, with Senator Ivideliza Reyes Hernández filing a reservation to the bill. Moody's expects wider access to credit in Mexico if digital reforms advance, while Condusef and fintech Nu argue that migrating to digital payments benefits everyone. Commentators also note the changes could broaden the tax base, with fewer cash transactions and more contributors registered.

Why now: Lawmakers are actively debating a digital payments law, drawing fresh commentary from Moody's, Condusef and fintech firms.

MexicoIvideliza Reyes HernándezMoody'sCondusefNu

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