Friday, December 19, 2025
35.0°F

Mexico says credit, debit card settlements a near monopoly

| December 16, 2020 9:03 AM

MEXICO CITY (AP) — Mexican regulators said Wednesday that the two firms handling the country’s debit or credit card settlement process represent a near monopoly, and have recommended that leading banks be forced to sell off their ownership share in the companies.

Become a Subscriber!

You have read all of your free articles this month. Select a plan below to start your subscription today.

Already a subscriber? Login

Print & Digital
Includes home delivery and FREE digital access when you sign up with EZ Pay
  • $16.25 per month
Buy
Unlimited Digital Access
*Access via computer, tablet, or mobile device
  • $9.95 per month
Buy