Oxxo

Despite the global rise of the digital economy and e-commerce, cash continues to be one of the most used payment methods. One of the countries where the majority of people are still unbanked is Mexico.

According to available information, up to two-thirds of Mexicans don’t have a bank account. In practice, this means that most Mexicans still use cash as their primary means of payment. Even those with a bank account prefer using cash, as it’s hard to get rid of old habits.

What is Oxxo?

Oxxo is the leading payment method in Mexico. It’s widely accepted across the country, and it’s extremely easy to use. Clients do not even need a banking account to reap all the benefits it brings. Oxxo is handy for paying online, mainly due to its safety and anonymity.

Add Money

Adding money to Oxxo is very simple and doesn’t take much time. All you have to do is go to the banking page and find Oxxo among the options and enter the amount of money you wish to deposit. The barcode voucher containing a fourteen-digit reference number is then generated. Using that code, just go to one of 16,000+ locations and pay in cash. Your payment will be processed immediately, with your Oxxo money ready to be used whenever and wherever you want. It may take up to one working day to get payment confirmation.

Oxxo Account

As mentioned, Oxxo is extremely easy and doesn’t require a bank account. In fact, it doesn’t need any kind of account or registration. To make online payments with Oxxo, create a coupon with the amount of money you wish to spend. After generating a unique barcode, go to the Oxxo store and pay this amount in cash. That’s all you have to do!

Company

Oxxo is the largest convenience store chain in Mexico, with more than 11 million customers on a daily basis. It was established in 1977 by FEMSA, one of the largest beverage companies in the country. In addition to Mexico, Oxxo has stores across Latin America, including Brazil, Colombia, Peru, and Chile. The company’s first major deal came in 2016 after partnering with Amazon. A year later, Oxxo joined forces with the Mexican Fintech company Conecta.

Oxxo is available at many webshops and payment platforms, with the number of people using this service constantly increasing. According to some estimates, payments made using Oxxo account for nearly one-fifth of all online transactions in Mexico.

Facts

Payment Type	Cash voucher
Headquarters	Monterrey, Mexico
Launched	1977

How to Deposit with Oxxo?

Depositing with Oxxo is straightforward and safe. Just visit the banking page and see if Oxxo is among the available options. After entering the amount you want to deposit, you’ll receive a fourteen-digit reference number. You can use that code to make a cash payment at the nearest Oxxo store. The transaction is processed instantly, allowing you to use them at your favorite online casino. Since Oxxo primarily focuses on Mexico, it uses the Mexican Peso as its currency.

How to Withdraw with Oxxo?

Unfortunately, Oxxo can’t be used for cashing out your winnings. That’s why we recommend finding alternative options before depositing funds in your online casino account.

FAQ

Can I use Oxxo in my country?

Oxxo primarily focuses on the Mexican market, although Oxxo shops can be found in Brazil, Colombia, Chile, and Peru.

Are Oxxo deposits instant?

Since payments are confirmed in real-time, all Oxxo deposits are instantly processed. However, it may take up to five days before your deposit is credited to your online casino balance.

Is Oxxo safe?

Of course! This voucher-based payment method doesn’t require any sort of account or registration. Clients don’t have to reveal any personal information, which guarantees the safety of their data and complete anonymity online.

Transfer Times and Fees

Typically, Oxxo deposits are confirmed within one banking day. However, it may take up to five days to get the confirmation of your payment. Keep in mind that Oxxo vouchers expire after three business days, so make sure to use them within that time frame.

In addition to a fixed fee, Oxxo shops may additionally charge for processing the payment. When it comes to online casinos, there are no extra costs. Nevertheless, be sure to check the site’s payment policy and terms and conditions before playing. That way, you’ll avoid any potential surprises.

Security

Using Oxxo doesn’t require any personal information. It means you won’t have to disclose any details, guaranteeing anonymity when using this payment method. No trace remains, as you don’t have to provide any details at any time. Even after you open an online casino account, the source of the money is without a trace. It’s a useful feature, particularly if you don’t want anyone to know about online gambling, whatever the reason may be.

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