In Zacatecas, many businesses are still reluctant to adopt banking services, such as the use of point-of-sale terminals, known as POS.
According to the Zacatecas Chamber of Commerce and Tourism Services, less than half of affiliated businesses use these tools.
The state Ministry of Economy confirms that only 30% of businesses in the state are banked and have terminals.
According to the latest Economic Census conducted by INEGI (National Institute of Statistics and Geography), a total of 102,657 establishments were registered in Zacatecas by 2024, 97% of these microbusinesses, which would leave approximately 30,797 businesses that use banking terminals.
“For us, POS terminals are very important because they are an easier way to manage resources, and since we’re not handling cash, we can start selling much more easily. We’re going to discuss this issue with financial institutions so they can support us,” reported Jesús Gabriel Flores del Bosque, president of the National Chamber of Commerce and Tourism Services of Zacatecas.
At the national level, the situation is similar. According to the National Banking Commission, less than 10% of businesses in Mexico use point-of-sale terminals. Furthermore, only 8% of the adult population prefers to pay by card.
This is largely due to the fact that few businesses offer this payment option. Specialists point out that banking and the use of terminals could help boost commerce in the state.
“Many businesses are unfamiliar with how the terminal works, what the advantages may be, and how they can better position themselves in the market and the terminal’s conditions,” explained Victor Hugo Galicia Soto, financial analyst.
Using a POS terminal generally requires a monthly investment for businesses. In many cases, an internet connection is essential, while some terminals require an initial or monthly payment ranging from 300 to 600 pesos. Additionally, there are options that eliminate fees, as long as a minimum monthly transaction amount is met.
Experts agree that using bank terminals offers far more advantages than disadvantages, for both businesses and users. Among these are the reduced risks associated with using cash, and the global trend toward electronic payments.
Source: meganoticias
