Spin by OXXO is a digital financial services platform launched in 2020 by FEMSA, the conglomerate behind Mexico's largest convenience-store chain. It operates as an Electronic Payment Fund Institution (IFPE), offering a digital wallet that lets users send and receive transfers, pay bills, and collect international remittances. The service is designed to bring accessible financial tools to underserved populations in Mexico, leveraging the nationwide footprint of more than 24,000 OXXO stores.
As of late 2025, the platform reported over 9.9 million active users. Beyond the core wallet, Spin by OXXO encompasses Spin Premia, a loyalty programme, as well as business-payment solutions NetPay and OXXO PAY. The ecosystem sits at the intersection of financial services, digital payments, and retail, operating exclusively in the Mexican market.
