QR payments in Mexico
Pay CoDi QR codes in Mexico with USDT
Scan any CoDi code and pay from your stablecoin wallet. A local payer settles the bill in Mexican pesos, and the merchant sees a normal CoDi payment — no Mexican bank account, card or cash.
CoDiMexicoEl Castillo, Chichén Itzá. Photo: Fcb981, CC BY-SA 3.0, via Wikimedia Commons
- QR network
- CoDi (Cobro Digital)
- Operated by
- Banco de México (Banxico), over SPEI
- Merchant receives
- Mexican peso (MXN)
- You pay with
- USDT on Polygon
How it works
How to pay a CoDi QR code in Mexico
- 01
Scan the CoDi code
Open QRiks in your phone's browser and scan the merchant's QR. The amount in MXN comes from the code or you type it in.
- 02
Check the quote
See the amount in Mexican pesos and your USDT total, with the rate, fee and network cost listed.
- 03
A payer in Mexico pays it
A vetted local payer pays the code from their Mexican account through CoDi. Your USDT waits in escrow.
- 04
Confirmed, then settled
An independent validator in Mexico confirms the merchant was paid in Mexican pesos. Then the escrow is released.
The network
About CoDi
In Mexico, QR codes are paid through CoDi (Cobro Digital), operated by Banco de México (Banxico), over SPEI. CoDi requests run over SPEI, Banco de México's interbank system, and settle between bank accounts.
You will see CoDi codes at shops, markets, restaurants and service payments. With QRiks every one of them can be paid with USDT, and the merchant receives Mexican pesos as usual.
Can I pay CoDi QR codes without a Mexican bank account?
Yes. With QRiks you scan the CoDi code and pay with USDT. A vetted payer in Mexico pays the merchant from their own Mexican account, so you don't need a local bank account, card or phone number.
What does the merchant in Mexico receive?
The merchant receives Mexican pesos (MXN) through CoDi, exactly like a payment from a local customer. They don't need to know about QRiks or accept crypto.
What do I pay with?
USDT on Polygon from your QRiks wallet. The quote shows the exchange rate, our fee and the network cost before you confirm.
Who runs CoDi?
CoDi (Cobro Digital) is operated by Banco de México (Banxico), over SPEI.
What if the payment doesn't go through?
Your USDT stays in escrow until an independent validator in Mexico confirms that the merchant was paid. If the merchant wasn't paid, your USDT is returned.
Where can I pay with CoDi in Mexico?
Anywhere a CoDi QR code is displayed: shops, markets, restaurants and service payments.
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Pay CoDi codes with USDT
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