Argentina’s Uala expands to Mexico as pandemic fuels need for digital payments

According to Reuters, Argentine digital banking startup Uala is expanding operations to Mexico, as the global pandemic fuels a boom in demand for cashless payment options.

Uala will offer in Mexico a Mastercard card for physical and online purchases, cash withdrawals from ATMs, and the sending and receiving of payments, the company said. In Argentina, the company has issued more than 2 million prepaid debit cards.

Read more: Reuters