President of Mexico: Digital Payments Mandatory for Fuel and Road Tolls This Year
March 21st, 2026Via: The Last American Vagabond:
In an interview with Bloomberg, Romano stated, “The central bank is preparing to publish protocols to drive the adoption of payments sent by mobile phones.”
He noted, “Authorities are studying separate measures that could include eliminating cash payments for some services and products, such as gas stations and toll roads.” [emphasis added]
Romano also emphasized that these changes are being made because in Mexico, “roughly 85% of small transactions are done in cash,” largely due to Mexicans not trusting their government and seeking to avoid taxation. “Easing concerns about how the government assesses income will help,” he said.
President Sheinbaum reiterated the plan to end cash payments for gas stations and toll roads in her speech on Thursday night, stating, “Our goal is that this year we make it mandatory to pay for gasoline and toll booths digitally. This will allow us to promote accessible digital payments that allow us to advance the digitization of the country through many other schemes.”
