There are six financial institutions that have started the processes to use the Cobro Digital System (CoDi) of the Bank of Mexico (Banxico), of which only two are already in the process of making movements in real time, said director of systems of payment of the central bank, Miguel Díaz.
There are four banks and two others are regulated financial institutions. Of these, on Monday, two began the micro-pilots, because the operations are only being carried out among their employees.
"To be able to operate from the perspective of final clients, a few months must still pass in which the elements are adjusted and it is determined if there are areas of opportunity within the operation of the system."
With the CoDi payment system, Banxico aims to reach people who do not have a bank account, but a mobile phone with which they can scan a QR code and process payments through the different commercial banks and financial entities.
At least 30 million Mexicans will be able to access products with higher added value such as loans, insurance or investments. After performing the first trial period, the second, which is larger, will begin in the next two or three months.
The messages to request or receive payment are small, so the use of mobile data is very similar to a normal messaging scheme. The preliminary scheme of CoDi is planned from April to September, so even though the tests are extended, Díaz does not consider that the date set by Banxico will be affected.