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Mexico Credit Card Balances Surge 8.2% in June to MX$709 Billion
Mexico Credit Card Balances Surge 8.2% in June to MX$709 Billion
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.
https://mexicobusiness.news/tag/visa
More Finance & Fintech
Mexico’s GDP Grows 2.1% in 2Q26; State Street Makes Market Entry
Mexico’s GDP Grows 2.1% in 2Q26; State Street Makes Market Entry
By Duncan Randall - Thu, 07/30/2026 - 12:38
This week in finance: Mexico’s GDP expands 2.1% YoY during 2Q26 as State Street acquires Santander CACEIS Latam; BingX launches Visa debit card.
BingX Launches Visa Debit Card, AI Investment Tools in Mexico
BingX Launches Visa Debit Card, AI Investment Tools in Mexico
By Duncan Randall - Tue, 07/28/2026 - 12:52
BingX launches its Visa debit card and AI Claw Agents in Mexico, connecting digital assets with daily payments and automated market analysis
Economic Activity Rebounds in June; SHCP Completes Refinancing
Economic Activity Rebounds in June; SHCP Completes Refinancing
By Duncan Randall - Fri, 07/24/2026 - 11:57
This week in finance: Mexico’s economy rebounds 0.2% as SHCP executes US$10 billion debt refinancing, while LatAm insurtech hits US$90M.
Banco Afirme, Monibyte Launch Corporate Visa Card in Mexico
Banco Afirme, Monibyte Launch Corporate Visa Card in Mexico
By Duncan Randall - Tue, 07/21/2026 - 12:54
Banco Afirme and Monibyte launch a joint corporate Visa credit card to automate expense management and financial tracking for Mexican enterprises.
US Designation of Brazil Groups Sparks Compliance Talks in Banks
US Designation of Brazil Groups Sparks Compliance Talks in Banks
By Duncan Randall - Fri, 06/26/2026 - 10:44
US designation of Brazil’s two largest criminal groups as terrorist orgs prompts Brazilian banks to consult Mexican peers on compliance risk.
Mexico Shifts Toward Digital Payments in Retail, E-Commerce
Mexico Shifts Toward Digital Payments in Retail, E-Commerce
By Duncan Randall - Thu, 06/04/2026 - 19:07
Cash payments in Mexico are set to decline as digital transactions gain ground across retail and e-commerce.
Consubanco Targets MX$1.3 Billion Debt Sale on BIVA
Consubanco Targets MX$1.3 Billion Debt Sale on BIVA
By Duncan Randall - Wed, 06/03/2026 - 12:23
Consubanco plans a MX$1.3 billion debt issuance on BIVA to refinance liabilities and support working capital.
Kapital Assets Surge as Sabadell, Mendel-Visa Make Moves
Kapital Assets Surge as Sabadell, Mendel-Visa Make Moves
By Óscar Goytia - Thu, 05/21/2026 - 09:56
This week in finance: Banco Sabadell posted US$16 million profit, Kapital reached US$4.1 billion in assets, and Mendel-Visa launched an AI fleet card.
Mendel and Visa Launch AI Fleet Card in Mexico
Mendel and Visa Launch AI Fleet Card in Mexico
By Duncan Randall - Tue, 05/19/2026 - 08:39
Mendel and Visa launched an AI fleet card in Mexico for corporate mobility and expense management.
AI Reshapes Fleet Costs, Security, Customs in Mexico
AI Reshapes Fleet Costs, Security, Customs in Mexico
By Adriana Alarcón - Thu, 05/14/2026 - 12:00
AI, fleet efficiency, cargo security, smart payments, and customs cooperation reshape Mexico’s logistics agenda, this and more in your weekly roundup!