Mastercard Targets Mexico City, Where Cash Is King

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Mastercard wants Mexico City to join major cities across the globe in taking its first step toward cashless public transportation. The company will introduce a contactless, transit-enabled debit card for Mexico City’s Metro, allowing riders to use a tap-and-go payment method tied to their bank account. But many residents don’t have bank accounts, and don't have enough cash to get one.

Video by Ali Withers
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