B2B Payments

Why eInvoicing Is A Struggle For Mexican Churches

Electronic invoicing is a good option for many organizations, as it can help them cut down on expenses and man hours. However, churches in Mexico are unable to integrate such systems. Not only can this hinder the churches’ ability to file taxes electronically, but it will prevent them from complying with Mexico’s new tax laws that require eInvoicing.

“Mexico does not have the infrastructure to do this yet,” Catholic archbishop of Monterrey, Rogelio Cabrera López Cabrera said to La Journada, according to BN Americas. “There are small towns that do not have the proper technological means and authorities need to wait. This happens in the vast majority of Mexico’s parishes,” he said.

Cabrera added that tax authorities need to be patient because many places of worship do not have computers or internet access. The tax filing requirements take effect in January, the news source said.

Overall, Mexico is working toward having stronger eInvoicing options. Last month, PYMNTS.comreported on how the country’s small and midsize enterprise (SME) taxpayers increased more than 300 percent compared with a year earlier. According to El Economista, the rapid increase was due to eInvoices becoming mandatory in the Latin American country on April 1.

 

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PYMNTS STUDY: THE CROSS-BORDER MERCHANT FRICTION INDEX – JUNE 2020

The PYMNTS Cross-Border Merchant Friction Index analyzes the key friction points experienced by consumers browsing, shopping and paying for purchases on international eCommerce sites. PYMNTS examined the checkout processes of 266 B2B and B2C eCommerce sites across 12 industries and operating from locations across Europe and the United States to provide a comprehensive overview of their checkout offerings.

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