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New Bill Aims to Ban Surcharges for Credit or Debit Card Payments

Mexico's Chamber of Deputies recently approved modifications to the Federal Consumer Protection Law, establishing penalties for businesses that charge consumers paying with credit or debit cards a 'commission' or 'surcharge'. The approved amendment now moves to the Senate for further consideration. ....

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Potential Reform that amends the sanction procedure for Financial Laws in Mexico | Hogan Lovells

On October 3, 2023, the Mexican Senate approved and sent a draft of the Decree that amends several financial laws on administrative procedure ("Decree") to Mexico’s Chamber of Deputies. ....

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