Business
Viasat Makes Connectivity in Mexico More Accessible; Introduces Simplified Payment Options at OXXO Convenience Stores Nationwide
Viasat Enables Cash Payment Options, Adding Ease to How Consumers and Businesses in Mexico Purchase an Internet Service Package MEXICO CITY, Aug. 12, 2021
About this update from Viasat, Inc.
[{"type":"text","content":"Viasat Enables Cash Payment Options, Adding Ease to How Consumers and Businesses in Mexico Purchase an Internet Service Package\n\n\nMEXICO CITY, Aug. 12, 2021 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has made accessing Viasat's internet service easier for consumers and businesses across Mexico by offering new simplified payment options—now available at OXXO's 21,000 convenience stores across Mexico. \nAccording to PYMNTS.com 'Global Cash Index™ Americas Edition', cash spending by consumer and small and medium businesses (SMB) make up approximately 90 percent of all transactions in Mexico. With Viasat's new payment options, consumers and businesses who were previously unable to engage in non-cash financial transactions due to lack of credit, access to bank accounts and credit cards, will now have the ability to make cash payments for Viasat's internet service at participating OXXO convenience stores.\nSince 2019, Viasat has successfully deployed its fast and reliable internet service across the country, using satellite connectivity to deliver affordable internet service to residential and SMB customers in areas that previously had no access to fiber or cable infrastructure. Viasat's Mexico internet service uses bandwidth from its ViaSat-2 satellite to deliver affordable, high-quality internet connectivity with speeds up to 50 Mbps.\nKevin Cohen, general manager of Viasat's Latin American fixed broadband business added, \"We're focused on making access to the internet simple, fast and convenient for everyone across Mexico. By offering a cash payment option we can help create digital and social inclusion for consumers and businesses, even in the hardest-to-reach locations. As a result, people that were previously excluded from participating in the digital economy are now able to access our reliable internet service by simply paying cash at any of OXXO's 21,000 participating convenient stores.\" \nTo learn more about Viasat connectivity offerings in Mexico, visit viasat.com.mx/negocios \nAbout Viasat Viasat is a global communications company that believes everyone and everything in the world can be connected. For 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate glo...