# Donation crowdfunding · Mexico

Which platform delivers the most of every peso to Mexican causes — and what the SAT expects from donors and fundraisers.

Mexico is Latin America's second-largest e-commerce market after Brazil, and online giving runs mostly on cards — roughly 48% of e-commerce transactions, debit cards especially. There is no single bank-rail monopoly like iDEAL, so the amount that reaches the cause turns on a platform's card pricing as much as on whether it also offers the local rails Mexicans trust.

Two local methods matter beyond cards: SPEI, Banxico's instant bank-transfer system that a majority of banked Mexicans now use and that is growing fast, and OXXO Pay, which lets donors pay cash at more than 20,000 convenience stores — essential reach for the country's large unbanked population. GoFundMe launched in Mexico in 2024, and homegrown platforms such as Donadora and international ones like WhyDonate also operate here.

Crowdfunding platforms (instituciones de financiamiento colectivo) and e-wallets are licensed under Mexico's 2018 Fintech Law and supervised by the CNBV, with Banxico overseeing the payment rails; CONDUSEF handles consumer protection and the SAT the tax side. Donor data falls under the LFPDPPP, Mexico's federal data-protection law.

## Facts

|  |  |
| --- | --- |
| Currency | MXN |
| Regulators | CNBV, Banxico, SAT |
| Payment methods | card, spei, oxxo, paypal |

## Platforms

1. **WhyDonate** — $98.35/$100 · Nonprofits — 0% platform fee, card + local rails
2. **GoFundMe** — $96.80/$100 · Personal causes — launched in Mexico in 2024
3. **Fundraise Up** — $93.50/$100 · Mid-size and large nonprofits running international online fundraising that want to maximize donation conversion with modern wallets, local payment rails, and multi-currency checkout.

## FAQ

### Which platforms work in Mexico?

The platforms in the table above operate in Mexico. GoFundMe launched here in 2024, and homegrown and international donation platforms also serve the market. The ranking weighs card pricing alongside coverage of local rails like SPEI and OXXO, since those decide whether you can reach donors who don't pay by card.

### Are donations tax-deductible in Mexico?

Yes, if the recipient is a donataria autorizada on the SAT's register. Individuals can deduct donativos up to 7% of the prior year's income (4% for gifts to government bodies), paid electronically and backed by a CFDI receipt — and within the overall personal-deduction cap. Gifts to individuals or unregistered groups are not deductible.

### Will I be taxed on money I raise?

Gifts between spouses and in a direct family line are exempt from ISR for any amount. Gifts from anyone else are exempt only up to three times the annual minimum wage, with the excess taxable as income. Even exempt donativos must be declared once the yearly total tops MXN $600,000. A registered charity (donataria autorizada) is exempt under conditions.

### What's the cheapest way to receive donations here?

Cards dominate, so processing rates are broadly percentage-based across platforms — the bigger lever is local-rail coverage. A platform that also supports SPEI (low-cost instant transfer) and OXXO (cash) reaches donors a card-only checkout would miss.