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Mexico Bank Using Chip-Card System to Woo the Unbanked.

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  • Additional Information
    • Subject Terms:
      MEXICO
    • Subject Terms:
      GRUPO Financiero Banorte SAB de CV
    • Abstract:
      Details the efforts of Mexico-based Grupo Financiero Banorte SA to reach the vast majority of Mexicans who have to bank accounts. Experimentation with electronic banking; Use of a smart-card-based system for paying factory workers; System's capitalization on the close relationship among small-town factories, their employees and general stores that serve them.