2 de septiembre de 2025

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Additional fees when paying with credit cards generates heated debate

MIDA and Asore favor excluding taxes and tips from the transaction fees charged by electronic payment companies, but the government, banks, and cooperatives object to the proposal

September 2, 2025 - 1:15 PM

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Zoimé Álvarez Rubio, president and CEO of the Puerto Rico Bankers Association, warned that the measure seeking to exclude taxes and tips from the transaction fees charged by electronic payment companies could be impossible to implement. (Suministrada)

By Maricarmen Rivera Sánchez

Periodista de Negociosmaricarmen.rivera@gfrmedia.com

A Senate bill seeking to prohibit the charging of additional fees for credit card payments has raised concerns in the banking sector and the government, given the possibility that legislation similar to that which has led to extensive and costly litigation in various states could be adopted on the island.