Politics · Mexico · 53 mins ago
Sheinbaum says cash will remain, but gas stations may stop accepting it
Mexico’s President Claudia Sheinbaum says cash will not be abolished under the new Digital Economy Law.
Cash will remain valid in shops and other businesses, while the government gradually encourages more electronic payments.
Sheinbaum said the government wants gas stations to stop accepting cash.
Digital payments could help track fuel from production or import through to sale and combat fuel theft and illegal imports.
The government also plans to promote electronic payments at toll booths, but says the change will be gradual and users will receive information.
The Bank of Welfare has a new app for making payments by phone without first withdrawing cash.
President Claudia Sheinbaum said Mexico will not eliminate cash, but her government wants gas stations to stop accepting it.
She said the move would be gradual and would promote digital payments.
Sheinbaum said digital payments at gas stations could help track fuel and combat fuel theft and illegal hydrocarbon imports.
She also said the government plans to encourage electronic payments at toll booths.
The Bank of Welfare has a new app that will allow users to pay by phone, she said.
- Who
- President Claudia Sheinbaum announced the government’s plans.
- What
- Cash will remain valid, but the government wants gas stations to stop accepting it.
- When
- November 9, 2026.
- Where
- Mexico.
- Why
- The government says digital payments at gas stations could improve fuel tracking and help combat fuel theft and illegal hydrocarbon imports.
Sheinbaum and the government
Specialists critical of the law
Legal and social impact
Sheinbaum and the government
Sheinbaum said cash would remain valid in shops and that the law would promote digital payments gradually.
Specialists critical of the law
Specialists criticized the law as potentially unconstitutional and a means of political and social control.
- Cash
- Sheinbaum said cash will remain valid in shops and other commercial establishments.
- Gas stations
- The government wants them to stop accepting cash.
- Toll booths
- Electronic payments are to be encouraged gradually.
- Bank of Welfare
- Its new app will allow payments directly by mobile phone.
What people are saying
No, cash will not be eliminated. The number of digital payments will gradually be encouraged to increase.
In the case of gas stations, we do want cash to be eliminated completely.