Spin by Oxxo and Félix Pago Join Forces to Revolutionize U.S.-Mexico Remittances
Hey Payments Fanatic!
Mexican FinTech Spin by Oxxo has announced a strategic alliance with Félix Pago, the WhatsApp-based digital remittance platform, aiming to streamline how Mexicans receive money from the United States. The integration allows Spin by Oxxo users to instantly receive funds sent via Félix Pago, with recipients paying zero commission—senders cover a flat $2.99 fee. Funds can be used directly in the app for payments or withdrawn at over 23,000 Oxxo stores nationwide.
“This alliance allows us to continue enriching people’s lives with financial services that evolve alongside the needs of Mexicans,” said Ricardo Olmos, CEO of Spin by Oxxo, highlighting the partnership’s focus on innovation, security, and financial inclusion
The service is available to verified Spin Más (N2) account holders, reflecting the growing digitalization of remittances in Mexico, where nearly 60% of recipients now use apps. “At Félix, we believe financial inclusion starts with simplicity and trust,” added Claudia Garavini, Félix’s VP of Strategy & Biz Dev, emphasizing the partnership’s reach to millions of Mexican families.
With remittance flows to Mexico projected to hit $65 billion in 2025, this collaboration sets a new standard for speed, accessibility, and user experience in cross-border payments.
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