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By Duncan Randall - Fri, 08/28/2026 - 11:35
Banxico and CNBV propose revised, phased caps on credit and debit card interchange fees to lower merchant costs and expand digital payment acceptance.
https://mexicobusiness.news/tag/credit-cards
More Finance & Fintech
By Duncan Randall - Tue, 08/25/2026 - 12:26
Nu Holdings posts US$1.1 billion net income in 2Q26, reaches 16 million Mexican users, and officially begins commercial bank operations in Mexico.
By Duncan Randall - Wed, 08/19/2026 - 11:49
S&P National Ratings projects Mexican commercial bank credit growth between 6% and 8% in 2026, backed by strong capitalization and consumer demand.
By Duncan Randall - Tue, 08/11/2026 - 12:52
Mexico credit card balances grew 8.2% to MX$709 billion in June 2026, driven by World Cup spending despite rising consumer delinquency rates.
By Duncan Randall - Mon, 08/10/2026 - 10:45
Revolut Bank México reached 635,000 users and MX$7.278 billion in deposits in 2Q26, backed by US$167M in cumulative capital investment.
By Duncan Randall - Wed, 07/29/2026 - 14:32
El Puerto de Liverpool's 2Q26 net profit rose 55.3% to MX$5.12 billion as reduced financial expenses offset lower sales at its Suburbia division.
By Duncan Randall - Mon, 07/27/2026 - 09:43
Nu México will launch commercial banking operations on Aug. 6, becoming the country's largest digital bank, with nearly 15 million users.
By Duncan Randall - Wed, 07/15/2026 - 14:07
Farmacias Similares partners with fintech Stori to launch a co-branded credit card targeting unbanked consumers in Mexico.
By Duncan Randall - Mon, 07/13/2026 - 11:07
Mexico'sCondusef reported a 16.7% increase in financial fraud attempts in Mexico in 1H26, totaling 43,871 claims primarily targeting commercial banks
By Duncan Randall - Fri, 07/10/2026 - 09:51
Nu México transitions from SOFIPO to a fully licensed commercial bank, backed by a US$4.2 billion investment to expand digital banking infrastructure
By Duncan Randall - Thu, 07/09/2026 - 14:32
This week in finance: Nubank invests US$4.2 billion, the IMF cuts its 2026 outlook and Mexico's World Cup generates MX$45 billion.
