Following the recent opening of our Mexico City office, we’re excited to share that Stripe is now fully available in Mexico, the first country we’ve launched in Latin America.

Mexico is the second-largest economy in Latin America, but online commerce only represents around 2% of its GDP. This is rapidly changing: retail e-commerce in Mexico is expected to grow by 35% in 2019.

We want to help accelerate that growth. With today’s launch, Mexican entrepreneurs and businesses can start accepting payments from around the world in a matter of minutes, and access Stripe’s suite of products including Connect, Radar, Billing, and Sigma.

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We’ve been tailoring Stripe’s products in close coordination with the innovative companies driving that growth in Mexico, such as Homely, Cornershop, mienvío, Rappi, and Unitips. Thanks to their feedback, we’ve built features and products that will benefit Mexican businesses:

The Payment Intents API now supports up to 18 installments (“meses sin intereses”) on major card networks, and can dynamically inform you in real-time if the functionality is available on your individual customer’s card.

Stripe now accepts payments via OXXO, allowing customers to pay for online purchases in cash at convenience stores around the country.

Transactions can be processed in over 135 currencies, making it easier to sell and export to customers around the world.

Mexican businesses can get started right away by creating a Stripe account. And if you have feedback, don’t be shy!