OXXO is a popular payment method used widely in Mexico
By people who prefer to pay in cash or do not have access to bank accounts or credit cards.
What is OXXO Offering?
OXXO is a Non-Recurring Payment Method in Mexico
OXXO transactions are designed for single, one-time payments. This makes it ideal for consumers who want flexibility without committing to regular, recurring charges.
Allows Cash Payments for Online Purchases at 20,000+ Locations
With over 20,000 convenience stores across Mexico, OXXO makes it easy for consumers to complete online purchases in person by paying in cash.
How OXXO Connects Customers and Merchants
Customers can pay bills or online purchases from merchants in cash at OXXO by using a voucher with a reference number. Merchants receive payment confirmation and funds the next business day.
Who uses OXXO?
OXXO’s payment system caters to Mexico’s unique payment habits and ecommerce landscape. It serves two key customer segments.
Unbanked population
With 53% of Mexico’s adults unbanked, OXXO serves this segment by allowing them to pay utility bills and online purchases in cash at over 20,000 stores in its network.
Ecommerce shoppers
OXXO supports e-commerce growth in Mexico with its cash payment option for online purchases. As the market grew 23% from 2021 to 2022, OXXO’s voucher system—where customers pay in cash at OXXO stores—became a preferred method, aligning with a cultural preference for voucher-based payments, even among those with bank accounts or cards.
Join the Biggest Payment Solution in Mexico
How Does OXXO Works?
Step 1
Checkout
End user selects OXXO as payment method.
Step 2
Voucher Generation
A barcode voucher is generated for the end user to print or download.
Step 3
Payment
User has 7 days to make payment at any OXXO store.
Step 4
Confirmation
After payment, the postback is sent to Vendo updating transaction status to “Accepted.”
Step 5
Notification
Vendo sends a confirmation email to the end user and notifies the merchant via API.
Benefits of Using OXXO
$50B
With a population of over 130 million, Mexico’s e-commerce sector is on track to reach nearly $50 billion in annual sales by 2025.
20%
In 2023 alone, e-commerce in Mexico grew by over 20%, positioning it as one of the fastest-expanding online markets in Latin America.
70M
About 54% of Mexican adults (over 70 million people) remain unbanked, making payment options like OXXO key to reaching offline consumers.
21%
Nearly 21% of e-commerce purchases in Mexico are paid in cash, showing a strong cultural preference that OXXO helps accommodate.