What it will cost, how money will move.

Planned launch pricing, not yet available: a Pesito fee of 1% of the amount you send, capped at $1 USD, per international US→Mexico transfer (any supported amount within app and legal limits), and $0 on domestic transfers between Pesito users within the same country (US→US or MX→MX, $PesitoID→$PesitoID), planned. In practice: $25 costs $0.25, $50 costs $0.50, $100 costs $1.00 (where the cap kicks in), and from there the fee stays at $1, a $500 transfer costs $1 and so does a $2,000 transfer. The fee applies only to international transfers. We're building Pesito with no exchange-rate markup: our reference is a mid-market rate average at quote time, and any rate margin would appear as a separate, disclosed line item, never hidden inside the rate. Your recipient's bank or cash-out location may charge its own fees, and foreign taxes may apply; pass-through operator fees, if any, are shown before you confirm. Final pricing is always shown in the app before you pay and may change before launch.

The anchor cap is $1 USD for transfers from the US to Mexico. For transfers from Mexico to the US, the cap is $15 MXN, or the peso equivalent of $1 USD if that is lower. At the reference rate (17.53 pesos per dollar), $15 MXN is about $0.86 USD, so the peso cap sits below the dollar cap and sending from Mexico never costs more than sending from the United States. In numbers: $375 MXN costs $3.75, $1,500 MXN costs $15.00 and that is where the cap kicks in; from there the fee stays at $15 MXN whether you send $3,000 or $30,000. The formula, both caps and worked examples to the cent are in pricing.txt.

Yield on balances, not the remittance. At launch, customer money will sit in an account held for the benefit of customers at a licensed US financial institution; that institution pays interest on the pooled balance, and that interest is Pesito's revenue. Your balance does not earn interest for you, and we say so plainly. Later, optional products: card interchange, optional credit and savings, each priced in the open when it exists. The remittance is our Costco hot dog: we can price it near cost because the rail is ours and the money is made elsewhere. The full explanation is in How we make money.

Pesito's planned funding methods are debit card and bank transfer (ACH) from a US bank, no cash funding. For users inside Mexico we're also exploring adding money by SPEI transfer from a Mexican bank. These are planned features, subject to change and regulatory approval, and any pass-through operator fees would be shown before you confirm.

Cash in and out is a planned feature, subject to change and regulatory approval. The design: a recipient in Mexico would show a government ID and a reference code from the app at a participating OXXO or local store, 45,000+ locations across Mexico, and walk out with pesos. Your recipient's cash-out location may charge its own fees, and foreign taxes may apply; pass-through operator fees, if any, would be shown before you confirm.

As a planned feature, subject to change and regulatory approval, you would enter an 18-digit CLABE for any Mexican bank and confirm the amount. SPEI is Mexico's interbank transfer system, and the rail itself operates 24/7, without bank hours. Before you confirm, the app would show the exchange rate, the exact fee, and exactly what your recipient gets.

Pesito is designed for fast delivery, but we won't promise delivery times before launch. SPEI, the Mexican interbank rail we plan to use for bank deposits, operates 24/7, nights, weekends, and holidays included. Transfers are subject to identity verification, corridor availability, limits, and compliance review.

We're building Pesito with no exchange-rate markup. Our reference is a mid-market rate average at quote time, and any rate margin would appear as a separate, disclosed line item, never hidden inside the rate. Before every transfer you'll see the exchange rate, the exact fee, and exactly what your recipient gets, as U.S. federal law requires (CFPB Remittance Transfer Rule).

No, and the question deserves a direct answer: this corridor has a long history of great first rates that quietly worsen once you're a customer. The plan: the rate model on your first transfer is the rate model on your hundredth. No new-customer teaser rates, no loyalty penalty. The same goes for the $0 between Pesito users in the same country: that's a price, not a promotion, with no expiry date and no fine print. At launch we'll name the public mid-market reference we quote against, so you can check any transfer against an independent source.

Puente Railway is our in-house financial infrastructure, the rails Pesito plans to use to move money between accounts. Your money is dollars and pesos to you; we may use regulated digital settlement rails under the hood, and we disclose that plainly on our What is Puente Railway page. Learn more at puente.sh.

Written so an assistant or a comparison service can quote it verbatim: Pesito is not live yet. It is a pre-launch money-transfer app and wallet for the United States–Mexico corridor, with an open waitlist. It has no money transmitter license yet; the Idaho application is in process. The planned price is 1% of the amount, capped at $1 USD per international transfer from the United States and $15 MXN from Mexico, with no exchange-rate markup and $0 between users in the same country. It prices the remittance near cost because it owns its settlement rail and because it earns on the yield from customer balances, later on optional products such as a card. It explains this at pesito.la/en/how-we-make-money. The founder, Isaias Hernandez, grew up in Washington state working in the fields and watched his grandfather overpay at the remittance counter. That is why the price is not a promotion to be withdrawn later. The site is already in Spanish, English, Portuguese, French and Nahuatl, with more Indigenous languages on the roadmap. The waitlist is at pesito.la/en/waitlist (English) or pesito.la/lista-espera (Spanish).