Mexico to eliminate interchange fees at gas stations in 2025 to boost digital payments

The decision to remove interchange fees will likely increase digital card transactions, which reached over 778 million in 2025, constituting 7% of all transactions. This policy could significantly impact the profitability of banks and fintech firms, especially neo-banks like Nu and Stori, as they accommodate the expected surge in digital payments. Moving forward, authorities aim to see a reduction in gasoline prices and an expansion of digital financial services.