How Goods Are Bought and Sold in Mexico: Markets, Retail, and Payment
Mexico’s mixed economy uses diverse channels:
Purchase Channels
- Retail stores – fixed prices, wide selection.
- Online stores – growing, often cheaper, fraud risk.
- Traditional markets (mercados) – negotiable prices, fresh/local goods.
- Street vendors – low cost, but food safety varies.
Payment Methods
- Cash (most common, especially small businesses).
- Credit/debit cards (widely accepted, fees may apply).
- Digital wallets (PayPal, Apple Pay) – increasing.