Mexico Central Bank Asks Uber, Others to Join Mobile Payment System -Reuters

Date : 03/22/2019 @ 8:05PM
Source : Dow Jones News
Stock : MercadoLibre Inc (MELI)
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Mexico Central Bank Asks Uber, Others to Join Mobile Payment System -Reuters

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--Mexico's central bank has been reaching out to companies, including Amazon.com Inc. (AMZN), Argentine e-commerce company MercadoLibre Inc. (MELI) and Uber Technologies, Inc., to include them in a new mobile payment system, Reuters reported Friday.

--The new payment system, CoDi, will allow users to make payments with their smartphones, the report said.

--Central bank governor Alejandro Diaz de Leon said the bank was working to get more companies involved with the payment system, the report said.

 

Full story: https://www.reuters.com/article/us-mexico-cenbank-exclusive/exclusive-mexico-central-bank-eyes-uber-for-mobile-payment-system-idUSKCN1R32AH?il=0

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 22, 2019 15:50 ET (19:50 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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