Additionally, Walmart de Mexico recently purchased the payment app Trafalgar in order to further help it compete there. The moves come as the company plans to offer withdrawals, transfers and remittances while also developing a lending program and other services.
Estimated reading time: 0 minutes, 23 seconds
Walmart Rolls the Dice As It Moves Into Mexico’s Fintech Space: Analysis
Walmart is moving into Mexico’s nascent fintech space with the launch of the retail giant’s Cashi digital wallet, but experts are warning of potential pitfalls from the move. So reports Reuters.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-