Most "cheapest way to send money to Mexico" rankings are paid affiliate content. Here's the unvarnished version: the actual cost of a remittance is the explicit fee plus the FX markup built into the rate the provider quotes. Some providers show both numbers separately; others historically hide the FX markup in the rate, which is why a "$0 fee" promotion can still cost more than a transfer with a posted fee.
Pesito's planned pricing is built to make that math trivial: one flat $1 Pesito fee per international US→Mexico transfer (any supported amount within app and legal limits), $0 on domestic transfers between Pesito users within the same country (US→US or MX→MX, $PesitoID→$PesitoID) — planned — and no Pesito 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).
Planned launch pricing — not yet available. Final pricing is always shown in the app before you pay and may change before launch. For competitor-by-competitor numbers with sources and last-checked dates, see our comparison guides linked at the bottom of this page.
Pesito is pre-launch — join the waitlist to be there when transfers open. Here is the pricing model we're building toward:
| Transfer type | Pesito fee (USD, planned) | Delivery | Recipient needs a bank? |
|---|---|---|---|
| US → Mexico transfer (international) | $1 flat (planned) | Designed for fast delivery | Planned options: SPEI bank deposit, or cash pickup without a bank |
| $PesitoID → $PesitoID, domestic — same country (US→US or MX→MX) | $0 (planned) | Designed for fast delivery | No |
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. Transfers are subject to identity verification, corridor availability, limits, and compliance review.
On the "+1% U.S. remittance tax" that hits storefront cash sends starting January 1, 2026: Pesito is being designed so transfers would fall outside the excise — a 1% tax on cash-funded sends — because Pesito's planned funding methods are debit card and bank transfer (ACH) only, with no cash funding. This is general information, not tax advice — consult a tax professional.
Who Pesito is being built for.
Pesito is being built for you if you fit any of these patterns: you send to Mexico more than once a month and the cumulative fee drag matters; your recipient is unbanked or "bank-hostile" and cash pickup is the realistic option; or you want both sides of the family to have an app instead of one side getting a code and the other side juggling a paper receipt. If you send once a year and the recipient has a bank account, the convenience advantage is smaller — but a flat, fully disclosed fee is still a flat, fully disclosed fee.
Where Pesito is honest about being weaker.
Pesito is pre-launch — established providers work today, and that alone may decide it for you. Beyond that: Western Union has 600,000+ agent locations worldwide and brand recognition built since 1851; if your recipient insists on a specific physical pickup point, WU's footprint is unmatched. Remitly's customer support has 24/7 phone coverage in multiple languages, and their corridor coverage extends to dozens of countries beyond Mexico. Wise's expat / business persona is the right fit if you're moving five figures or running international payroll. Pesito isn't trying to win those use cases — we're aiming to win the U.S.↔Mexico corridor on price transparency, network identity, and recipient experience.
How much will it cost to send money to Mexico with Pesito?
Does the 1% remittance tax apply to Pesito?
Will my family be able to pick up cash without a bank account?
How long will the transfer take?
Is Pesito FDIC-insured?
How is Pesito's pricing designed to be transparent?
Pesito is pre-launch — be there first.
Join the waitlist and we'll let you know when Pesito launches. Two minutes on the survey helps us build the right thing.
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