The competition in the median of Mexico in Mexico – Meczyki

On the 2nd of June, the FAIR Center of the Technológico de Monterrey and the Association Fintech Mexico held a panel discussion about the competence in the mediums of Pago in Mexico, with the participation of the director: Ana Marímas of the Republic of Colombia; Alessandro Maravalle, Economist of Organization for Cooperation and Economic Development; Carlos Orta, Socio Líder Functional de Riesgo Regulatorio en Deloitte; y Ernesto Calero, Director General of Asociación Fintech México.

The discussion as well as the point of parting by the studio realized by De la Calle, Madrazo and Mancera (CMM) and the Association of Fintech Mexico, which was completely realized by COFECE in 2020, in which it encountered the competition of existing medicine. On the red carpet with tarpaulins, which is precisely the adoption of advanced processes and technologies, as a result of the resulting services and infinite financial products.

These are combined with other medicines on the inclusion of Mexican financiers. For example, in the 2021 edition of the National Inclusion Financiera, published in Mayo, the observation that the percentage of Mexicans with a few financiers will be reduced to new equivalents in the next edition. of 68%; With some increasing margins in some indicators, but also retrospections, like the relationships with the Generace breaches.

For the first time, it is valid to say that Mexico present important resolutions in the inclusion of financing, in the functioning of its economy, and is explicit, in part, for a very informative economical extension, at the very expense of financing usability. Digital cabs will show that the adoption of technological solutions is considered an element clave for avanzar in the inclusion of financiers, or that can facilitate the inclusion of more Mexicans in the formal economy and proprietary de economics. But, for instance, it is necessary to correct the practical anticompetitive vigants in the Mexican system.

In this context, the final use is the most efficient, or that this highly structured structure restrains the integration of new participants, limiting the options for users. This is specifically transcendental to the Fintech ecosystem, which has the potential to attract additional financial services to one-person deals in the informal sector, but to avoid having to deal with the restrictions of a restricted market. Additionally, there’s a lot going on in economies that encounters some more digitalisations, and the accuracy of this new economy and its sales channels are digital.

A case in point is that Mexico can impress the competitors of the pagodas of the Colombia, in which there are a number of advantages to the electronics, except for the ability. Pagos system like a prior.

Dentro de las acciones implementadas en Colombia se encuntran: el hacho de facilitar a los commerceios para cobrar con tarjetas de manera facil y ááaaa;; separates the activations of the cameras from the liquidation compensation; y fortalecer las practicas de gobernanza en temas como: tarifas, architecture de costos y transparencia, entre otros. Claro está que aún quedan retos pendientes, como la adopteón de cryptoactivos, los pagos transfronterizos y el fortalecimiento de la infrastructura transaccional.

Because this sea is a realization in Mexico, the panelists are concerned about the importance of regulating barriers that impede the development of a system in the country, including an integral regulation of non-compliance. Technologically, to strengthen the supervision of the sector with an infographic center in the user, involving the acquirers and aggregators in the regulatory discourses, and, in general, the prospect of competing competencies. The number of participants in the mercado of pagos.

Paradoxically, there is no doubt that there is no shortage of opportunities to explore the opportunities that open up “open finance” and “open banking”, which could generate many benefits for users and industry. Claro is, with the object of the incentive of a mercado of pagos that allows the provision of quality services at low cost.

Felipe Perez Susa

Dr. Felipe A. Perez Sosa Director del FAIR Center for Financial Access, Inclusion and Research and Professor de la Esquila de Negocios del Technologico de Monterey.