Home Business You can now pay for your Amazon purchases with deposits in Oxxo

You can now pay for your Amazon purchases with deposits in Oxxo

If you want to make a purchase on Amazon but you do not have a bank card, you can make pre-refills at any Oxxo.

Amazon began accepting cash payments at Mexico’s leading convenience store chain Oxxo, the two companies announced Monday.

The expansion of the Amazon Cash program opens an important channel for the e-commerce leader to reach millions of people in the Latin American country.

Oxxo, owned by Mexican conglomerate Femsa, has about 18,000 stores throughout Mexico, where almost 60% of the population lacks bank accounts and most transactions are made in cash.

To promote its service, Amazon will give 100 pesos of discount in a purchase to those who make their first recharge of 400 pesos or more in an Oxxo.

“Customers can recharge cash to their Amazon Balance at Oxxo stores simply by using their cell phone number or by asking the cashier to scan the Amazon Cash bar code, which can be obtained by searching for” Amazon Cash “from the Amazon app or by visiting Amazon. com.mx/cash, “said the electronic store in a statement.

“The Oxxo cashier will process the payment and the balance will be immediately reflected in the customer’s Amazon Balance. The $ 12 commission pesos charged for recharging will be automatically reimbursed by Amazon and will be reflected as Amazon Balance in the account, “he added.

Deposits to Amazon Cash can be between 100 and 5,000 pesos in cash.

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

In addition to Oxxo and 7-Eleven, Amazon Cash also operates in C Circle, Extra Stores, Savings Pharmacies, Farmapronto, Farmacias Guadalajara and Waldo’s, among others.

Source: reuters. forbes

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