The Internet’s Money

Global account · Latin America

Does Wise Business work in Mexico?

Partly.

Wise Business is limited for businesses registered in Mexico: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in Mexico can use

Wise Business’s products, for a company incorporated in Mexico.

Accept paymentsLimited

Payment links and Quick Pay for getting paid. This is not a full online checkout.

Pay people abroadLimited

Send money to 140+ countries at the mid-market rate, including batch payments.

Multi-currency accountLimited

Hold 40+ currencies and get local account details in around 10 of them.

Business cardsLimited

Wise Business debit cards that spend in local currency.

StablecoinsNot offered

Wise Business does not offer this.

Yield on idle cashNot available

Wise Interest invests GBP, USD and EUR balances in BlackRock government money market funds (a Franklin Templeton fund in Australia). Wise warns that your money is at risk. Not available to US customers. Not for businesses in Mexico.

Onboarding confidence: medium. Source: Wise Business. Everything about Wise Business

Alternatives in Mexico

Other providers that serve businesses registered there.

Selling to Mexico

How people there prefer to pay online.

  1. 1Cards with installments (MSI)
  2. 2OXXO cash
  3. 3SPEI bank transfer
  4. 4Mercado Pago

Stablecoin rules in Mexico

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

Everything about 🇲🇽 Mexico →

Common questions

Does Wise Business work in Mexico?

Partly. Wise Business is limited for businesses registered in Mexico: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Wise Business products can a business in Mexico use?

accept payments, pay people abroad, multi-currency account and business cards, with limits.

What are the alternatives to Wise Business in Mexico?

Providers that onboard businesses registered in Mexico: Stripe, Adyen, PayPal, Payoneer and dLocal. With limits: Airwallex, Bridge, BVNK and Rain.

Wise Business elsewhere in Latin America

Other providers in Mexico