To carry out payments, cardholders need to their Banamex MasterCard PayPass credit or debit card on a specially equipped merchant terminal which then transmits the transaction data wirelessly.
The types of merchants that accept this new payment technology in the country’s capital are: fast food restaurants, convenience stores, cafeterias, movie theatres, among other merchants. Signatures are not required for PayPass purchases of 250 pesos or less (or local currency equivalent) in all regions except Europe or countries which have previously approved PayPass limits.
The PayPass technology will be available initially for the Banamex Travel Pass, BSmart credit cards, and Perfiles debit cardholders selected based on their credit history.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now