TransferMate: Expands North American regulation with Mexico licence

  • TransferMate a Taxback Group company a global B2B payments technology firm, enabling companies to send and receive cross-border payments faster
  • Announced a significant boost to its international footprint, securing a new payments licence in Mexico
  • Authorisation as a money transmitter by Mexico’s National Banking and Securities Commission marks a major milestone
  • To ensure best-in-class payments service, TransferMate will open and staff an office in Mexico City
  • Customers in Mexico now be able to use TransferMate’s leading payments technology to make and receive single or mass international transfers
  • TransferMate’s regulated global payment technology cuts out the chain of intermediate handlers associated with traditional bank payment routes
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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