Mach

#Bank Transfer#Buy Now Pay Later (BNPL)#e-Wallet

Mach is an online payment method offered by the Mexican company MACH Retail, S.A.P.I. de C.V. It provides users with a simple and secure payment solution, primarily focused on […]

Certified payment providers 5
Market coverage 1
  • Chile
Currencies 1
  • Mexico Peso
Description

Mach is an online payment method offered by the Mexican company MACH Retail, S.A.P.I. de C.V. It provides users with a simple and secure payment solution, primarily focused on digital financial services.

The Mach app allows users to create an account and link their existing debit or credit cards to their Mach account. This enables them to make online payments, transfer money between Mach users, pay bills, and purchase goods and services from partner merchants.

One of the key advantages of Mach is its ease of use. Users can make payments by simply scanning the QR code provided by the merchant or using the recipient’s phone number. Additionally, Mach also offers a cash withdrawal feature at select partner locations.

In terms of security, Mach employs advanced encryption protocols to safeguard users’ personal and financial information. Additionally, users are required to authenticate their transactions using a PIN or fingerprint, adding an extra layer of security.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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