KiWi

KiWi is a Mexican mobile payment and point‑of‑sale (POS) solution that lets small businesses and merchants accept card payments via a Bluetooth card reader connected to their smartphone or tablet through a free app. It is designed to make cashless payments simple and accessible for street vendors, small shops, restaurants, and service providers with minimal equipment investment and competitive fees.​

Core product: card reader and payments

• The KiWi card reader (terminal) connects via Bluetooth to iOS or Android devices and accepts Visa, Mastercard, American Express, and vouchers (meal tickets, Sodexo, Sí Vale).​
• Merchants simply input the amount, the customer taps or swipes their card, and the payment is processed instantly with encrypted, PCI‑certified security (EMV‑II, PCI DSS).​
• Funds are deposited the next business day into the merchant's account, with a transparent 3.2% + IVA commission (3.2% for the first 12 months; discounts up to 3.5% apply at higher volumes).​

Additional services and revenue streams

• Installment payments: Customers can defer payments to 3, 6, 9, or 12 interest‑free months; KiWi receives full payment from the card issuer immediately, and the merchant gets next‑day settlement.
• Mobile top‑ups & utilities: Merchants can sell mobile phone recharges (Telcel, Movistar, AT&T, etc.) from the app and earn a 5% commission per transaction; they also can collect bills (CFE, water, TV, etc.) with fixed commissions, instant payouts.​
• KiWi Account (Finsus partnership): A digital checking account in partnership with Finsus where merchants can hold earnings, access higher credit limits, and request working‑capital advances on future sales.

Setup and accessibility

• Requires only a mobile number, email, and postal address to activate in under 3 minutes, with no minimum sales volume or forced commitments.
• The KiWi Max terminal (also called the "Blue" or entry‑level reader) costs around MXN 299–599 depending on promotions; the app is free to download.​​
• Supervised by the CNBV (Mexico's banking regulator) to ensure compliance and consumer protection.​

Business growth tools

• Merchants can track sales history, generate digital receipts, organize a product catalog, and request business credit directly from the KiWi app to finance purchases from suppliers without waiting for cash flow.
• Customer testimonials highlight low commissions, no hassles, reliable settlements, and responsive support (Monday–Friday 8 am–8 pm, Saturday 9 am–7 pm, with a help center always available).