Monday, 30 November 2020
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Banks cut credit cards of 136,000 “no longer profitable” clients

(QCOSTARICA) Tens of thousands of bank customers saw their credit cards cut by the banks in recent weeks. Some got emails, others got a call with the bad news: the bank informs you that it will close your credit card permanently and you will...

Commission Regulation Announced On Banking Cards

After the Ministry of Economy, Industry and Commerce (MEIC) requested the Commission to Promote Competition (COPROCOM) on July 27, 2018, the investigation of the interbank rates market in the service of acquiring electronic payment methods, the COPROCOM states that "... it is evident from...

Objections to Commission Regulation on Bank Cards

Not considering the costs of the collection process, nor market conditions, are some of the failures that Costa Rica banks identify in the bill being discussed in the Legislative Assembly. In December 2018, a proposal was presented that seeks that the Banco Central de Costa...

3 Venezuelans Detained For Cloning Bank Cards In Costa Rica

The Organismo de Investigación Judicial (OIJ) arrested three Venezuelan men on Monday, suspected of committing bank fraud in Costa Rica. The fraud section of the judicial police made the arrests in public after 11 a.m., specifically in the sector of San Rafael de Alajuela. Preliminarily it...

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