OXXO ramps up international money transfer services

The chain’s partnership with Western Union since 2016 has continued to expand across over 21,000 stores in Mexico.

OXXO and Western Union have announced a new chapter in their partnership to offer international money transfer services to customers at over 21,000 stores in Mexico.

Both companies are also launching a new campaign with select concept stores in Oaxaca that are designed to highlight these services. The chain allows customers to withdraw up to $4,000 (MXN) quickly, easily, securely and conveniently in all stores nationwide.

OXXO seeks to provide everyday solutions and contribute to the economic well-being of its customers. Through this kind of services, stores will not only be shopping destinations, but also community hubs.

“We are currently undergoing a transformation process to strengthen our capabilities. We are proud to know that, alongside Western Union, we contribute to generate a positive economic and social impact that promotes financial inclusion in the communities where we operate,” said Monica De Martino, Cash Management Transformation Leader at OXXO Mexico.

International remittances are a fundamental pillar of the Mexican economy, both at the family and national level. In 2023 alone, the country reached a historic record by receiving $63.313 (USD) billion in remittances, according to data from the Bank of Mexico (BANXICO), which represents a 7.6% growth over the previous year.