While many countries are moving towards cashless payments, there are still many countries where cash remains the most common way to pay for goods and services. Mexico is one of those countries, with recent data showing that about 70% of Mexicans do not have bank accounts. Meanwhile, online gambling is gaining quite the popularity among Mexicans, with many of them looking for ways to wager online. This situation calls for payment solutions that can cater to those who are mainly relying on cash.
OXXO is a voucher-based solution that is mainly catering to Mexicans who still wish to rely on cash for their online payments. OXXO started as a popular convenience store chain in Mexico that later also introduced OXXO invoice.
|Connecting bank card/account to OXXO||N/A|
|Withdrawal balance from OXXO to your bank card/account||N/A|
|Pay to online merchants||10 – 12 MXN + 3.9% and VAT for OXXO Pay|
|Available for deposit||Yes|
|Available for withdrawal||No|
|Usual deposit time in online casino||Instant|
|Usual withdrawal time from online casino||N/A|
|Telephone support||01 (81) 83 20 20 20|
This service enables anyone with an OXXO voucher barcode that can be paid at any of the OXXO stores. Conveniently enough, this service can also be used for payments at many online casinos that cater to Mexican players.
Using OXXO for Gambling Transactions
The voucher system of OXXO was established to enable easy payments and that is exactly what it does for Mexicans who enjoy wagering money at online casinos. If you decide to use this method for your casino deposits, you will have no issue instantly topping up your gaming account.
If you have found your online casino where you will be allowed to make payments via the OXXO system, you can start your deposit by heading to the Cashier section of the website. You will either see the option OXXO or OXXO Pay as an available deposit method so you will need to pick whichever is available. The next step will be to enter the amount you would like to deposit.
If you are using OXXO as your casino deposit solution, you will get a single-use barcode. You will either need to print it out or save it to your mobile device. Once you have your barcode with you, you will simply need to head to the nearest OXXO where you will be able to pay the voucher after the barcode has been scanned. After the payment is complete, the money will appear in your casino account within the next 24 hours.
If the virtual casino works with OXXO Pay, you will not be required to print or save any barcode. After you have chosen this option and entered the amount you would like to deposit, the service will simply generate a unique reference number. When you visit a shop to pay for your voucher, you will just need to provide the number you have been given to complete the payment. Once you pay for your voucher with the number you have been given, the money will instantly be transferred to your casino balance.
You can make the most out of this payment for your casino deposits but unfortunately, it cannot be of any use for your casino withdrawals. This means that when it comes to getting your winnings, you will need to look for an alternative payment method.
|OXXO Gambling Transactions|
|Deposit pending time||Instant|
|Withdrawal pending time||N/A|
|Additional security||single–use barcodes or reference numbers|
Advantages and Disadvantages of Using OXXO as a Payment Method
As already mentioned, OXXO was introduced as a payment solution among Mexicans so it can help the large number of people who are mainly relying on cash payments to pay for online purchases in a hassle-free manner. Many virtual casinos that cater to Mexicans have also added the method to their supported payment options. If you, however, are still on the fence about whether this is the best payment option for your casino payments, you can weigh up the advantages and disadvantages of the service.
Let us start by saying that OXXO was chosen as the third most popular payment option in Mexico for 2020. Being such a popular method, OXXO definitely proves that it is a reliable payment solution that many rely on for their daily purchases online. Since it is widely used across the country, OXXO is often found as a supported deposit method in most online casinos that cater to Mexican players.
OXXO payments are extremely safe as you are not required to expose any type of personal information to the virtual casino. When you are depositing via an OXXO voucher, you head to the nearest store and simply use your cash to make your payment. The money is then transferred to your gaming account without having you provide any type of banking information. This makes the service very secure and extremely suitable for Mexicans as a large number of them do not have bank accounts.
OXXO is the largest convenience store chain in Mexico, having more than 13,000 stores across the country. That means that players who wish to deposit into online casinos via the service will most likely have several OXXO stores nearby where they can easily go and pay for their vouchers.
The speed of the payments carried out through the OXXO Pay system is another advantage we should mention. As soon as you are done paying for your voucher at the local store, your money will be instantly available in your casino account. With so many OXXO stores across the country, getting to a nearby store should not take a lot of time as well.
Another great feature of using OXXO vouchers for your casino deposits is that you cannot spend more than you can afford. Since players use their own cash to pay for their OXXO code, they will be able to make casino deposits only if they can afford them.
Although the service definitely has its perks, we cannot ignore a few of its lacking points as well. Being a voucher type of payment, OXXO will not be available for casino withdrawals. This can be quite inconvenient as many Mexican players do not have bank accounts and they have very limited options for their withdrawals. As OXXO supports only deposits, one must look for an alternative method to receive their casino winnings.
Another disadvantage of the service is that it is exclusively available only in Mexico so it cannot be used by players residing in other countries. This means that it is also accepted only in a few online casinos that cater to Mexican players.
While OXXO Pay enables instant deposits, online casinos that accept only OXXO payments carried out via barcodes may take longer to process. This type of OXXO service may sometimes take an entire day to be processed, having you wait for your real-money casino bets.
One last thing to keep in mind is that OXXO vouchers have an expiration time of three days. If you do not pay for your OXXO or OXXO Pay voucher within this period, it will expire and you will need to generate a new barcode or reference number.
OXXO Pros and Cons
Fees for OXXO Gambling Transactions
Any potential surcharges for depositing at online casinos are also important to keep in mind when choosing your preferred payment method. When this payment system was established, users were only able to pay for their vouchers by providing a barcode that needed to be scanned before it was paid.
In 2017, OXXO joined forces with the fintech Mexican giant Conekta and started offering the OXXO Pay service. Instead of barcodes, users receive a unique 14-digit reference number that they provide in the stores when they pay for their vouchers. While the newly implemented payment system eliminates the inconvenience of printing or saving barcodes and processes the transactions a lot faster, it also incurs some surcharges.
Players who deposit via OXXO Pay will be required to pay a 3.9% fee + VAT that is charged by Conekta. In addition to that, OXXO stores where you pay for your vouchers will also charge a fee of 12 MXN for the service.
While the use of the service of OXXO may incur a small fee, online casinos do not impose any surcharges on deposits carried out via OXXO or OXXO Pay. Despite that, you should always check the banking policy of the online casino as it is possible for some websites to charge some payment fees.
|Gambling deposit fee||Free|
|Gambling withdrawal fee||N/A|
|Bank account deposit fee||N/A|
|Bank account withdrawal fee||N/A|
|Credit/debit card deposit fee||N/A|
|Credit/debit card withdrawal fee||N/A|
Processing Time with OXXO
Considering the fact that you need to go to a store to pay for your OXXO voucher, you should keep in mind that deposits via this payment process are not your fastest option. The speed of the payment also depends on whether the online casino accepts OXXO or OXXO Pay deposits.
If you are using an OXXO barcode that needs to be scanned in a shop, you can expect your money to appear in your casino account within the same day you have paid your voucher. On rare occasions, however, it may take several days for the money to be processed and transferred to your gaming account.
Casinos that accept deposits via OXXO Pay are definitely the better option if you want to be able to play for real money as soon as possible. Instead of a barcode, this method issues a one-time-use reference number that is provided to the cashier at the shop to pay for the voucher. Since this type of transaction is processed in real-time, your money will reach your casino balance instantly.
|OXXO Processing times|
|Gambling deposit time||Instant for OXXO Pay, Same day for OXXO|
|Gambling withdrawal time||N/A|
|Bank account deposit time||N/A|
|Bank account withdrawal time||N/A|
|Credit/debit card deposit time||N/A|
|Credit/debit card withdrawal time||N/A|
One of the reasons why OXXO is such a popular payment solution among Mexicans is that it allows easy online payments while still using cash. Things cannot get any easier as players simply need to head to the nearest store and pay for their voucher to complete their casino deposits.
If you are playing on your mobile device, there is no need to worry about your deposits as they will be processed the same way they would on any PC device. Whether you have installed a casino app or you are simply playing through the browser of your phone, you can still make deposits via OXXO.
Since you are already familiar with the payment process, you can go ahead and choose OXXO or OXXO Pay as your deposit options when you want to top up your mobile casino account. Choose the amount you would like to deposit and you will receive a generated barcode (OXXO) or a 14-digit number (OXXO Pay).
One advantage you will enjoy if you are initiating the payment on your phone is that you can directly save the barcode or the number on your mobile device. Once you get to the store of your choice, you can use your phone to show the cashier your barcode or number and proceed with paying your OXXO voucher.
As you can see, there is almost no difference in your casino deposits if you initiate OXXO payments via your mobile device. The transactions are always processed the same way, with OXXO Pay allowing you to enjoy instant deposits.
|OXXO Mobile Payments|
Security at OXXO Online Casinos
Since we are discussing safety, we should not ignore the fact that OXXO is one of the most popular payment systems in Mexico. This could not happen if OXXO had not proved to its customers that payments through the voucher system of the company are extremely secure. IF you have come across an online casino that will allow you to make deposits via OXXO, you can be sure that your gaming funds will always be handled in a very safe manner.
When you initiate a deposit via an OXXO voucher, you will not be asked to provide any type of sensitive information. That way, you can enjoy discreet casino payments and stay safe while funding your gaming account. The barcode or number that will be generated will be active just for three days and will be available just for single use when you head to the nearest store to pay its amount.
As cashless payments are far from popular in Mexico, players who utilize this method can simply use cash to pay for their vouchers at the nearest store. That said, if you decide, you can use any other payment option accepted by the store to pay for your OXXO voucher.
OXXO Casinos FAQs
Where Can I Pay For My OXXO Voucher?
The OXXO barcode or number you have obtained can be paid at any of the 18,000 OXXO convenience stores spread across Mexico. With so many locations, you will have no trouble paying for your vouchers at any OXXO store near you. All you will need is your saved barcode or reference number and you will be able to pay for your voucher at any OXXO store in the country.
Can I Use Casino Bonuses If I Deposit via OXXO?
Yes. This payment solution is not excluded from casino promotions, so you will be able to redeem bonuses when you deposit via OXXO. It is possible, however, for some online casinos to have exclusive offers that may not be available to all deposit methods so make sure to read the terms and conditions of every offer before you redeem it.
What Currencies Does the Payment Service Support?
Since OXXO caters to residents of Mexico, the only currency that one can use to pay for their OXXO vouchers is MXN. This is why it is recommended for casino players to set up their gaming accounts also in MXN. That way they can easily keep a track of their gaming balance when depositing via OXXO.
Is There a Limit for OXXO Vouchers?
The minimum amount charged to an OXXO voucher is 10 MXN. Meanwhile, you cannot request a voucher that exceeds the amount of 10,000 MXN. While these are the limits imposed by the service, you should keep in mind that often online casinos have their own deposit limits that you cannot surpass.
Will I Be Charged a Fee When Paying My Voucher at an OXXO Store?
Yes. Typically, the service of paying your OXXO voucher will impose a fee that may range between 10 MXN and 12 MXN. If you are depositing via OXXO Pay, additional fees may be applied, along with VAT. In most cases, however, online casinos do not charge any fees on deposits via the service of OXXO.