Amazon Mexico partners with Kueski Pay

Tuesday 30 January 2024 10:18 CET | News

Amazon has partnered with Mexico-based Kueski Pay to launch Pago en Quincenas, a payment method that allows users to defer their purchases into biweekly payments.


This solution is designed to make shopping on Amazon more affordable. For now, this payment method is available to select Amazon customers and will become available to all eligible customers in the coming months.

Clients who pay with Kueski Pay for the first time must complete a simple one-time application during the Amazon checkout process. After the registration and approval of their credit, users can place the order and pay later. The final purpose is that repeat customers see Kueski Pay as an option for loan payment, which is available at the end of their purchase, and they will no longer need to provide additional information.

Pago en Quincenas capabilities

Kueski Pay is an important online consumer credit and BNPL platform in Mexico, with almost 15 million loans granted to date. The company estimates that one in four of the country's most relevant merchants uses this payment method. Still, more than 60% of its customers claim to have credit cards and prefer this payment option because of its flexibility.

On the other side, the official announcement shows that in Mexico, less than one-third of the adult population owns a credit card. Thus, the majority of transactions are still done in cash. In addition, over 60% of adults are unbanked, and this makes it crucial to expand financing options beyond credit card payments. Moreover, the official press release states that 155 million debit cards are already in use. On this background, customers are increasingly looking for flexible payment options to help them meet their shopping needs.

Therefore, customers who opt for Pago en Quincenas with Kueski Pay can choose plans of up to four interest-free biweekly payments as a part of an introductory offer, or up to 12 biweekly payments. It is not mandatory to have a credit card to access this payment method. Customers can choose how they wish to pay, whether via a linked bank account, debit card, or cash at affiliated networks. Anyone over the age of 18 can request this payment option.

Commenting on this, Amazon Mexico stated that Pago en Quincenas is designed to provide customers in Mexico with access to affordable payment methods and expand Amazon's safe and secure financing offerings with a simple fee structure. This should demonstrate that ‘Amazon is for everyone.’ 

As per Kueski Pay's official statement, the partnership with Amazon demonstrates the need for more flexible, secure, and inclusive payment alternatives in Mexico. Therefore, the company aims to help merchants be in line with the digital trends and provide modern shopping experiences. This will also help Mexican consumers manage their finances with more excitement.

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Keywords: partnership, product launch, mobile payments, mobile money, online platform
Categories: Payments & Commerce
Companies: Amazon, Kueski Pay
Countries: Mexico
This article is part of category

Payments & Commerce



Kueski Pay

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