PayPal Expands Service to Mexican Peso

PayPal Expands Service to Mexican Peso

The arm of San Jose-based ebay Inc. said Mexican buyers will be able pay for online purchases using their credit cards or bank accounts with pesos as currency. The peso is the first Latin American currency to be added to the PayPal system.


PayPal is now accepted in 190 countries around the world, and the company said users in Mexico can now shop at retailers that include including, Mixup, Sears, Match.com, Blockbuster, Best Day Travel, PlazaVIP, and PC en Linea.



“PayPal’s goal is to provide consumers a secure, fast and convenient way to pay and get paid online and to give online shoppers in Mexico more places to shop quickly and securely,” said Fernando Moreno, director of PayPal Latin America.