The National Congress of Honduras recently passed Decree No. 34-2025, introducing significant amendments to the Credit Card Law. These changes, effective as of June 5, 2025, mark an important step in protecting financial consumers, while also redefining the obligations of issuers, merchants, and entities involved with this payment instrument.
1. Fair interest calculation – Article 36
One of the most critical issues for cardholders has been addressed. With the reform:
- Interest will no longer be calculated on the total account statement balance.It will only be applied to the outstanding balance, that is, the unpaid amount after deducting payments made by the customer.
- Additionally, payments will be applied first to the oldest debts, thereby reducing unnecessary accumulation of interest.
- This new scheme is particularly relevant for companies managing corporate cards, enabling more predictable and transparent financial planning.
2. Greater transparency and duty to inform
Issuing entities must now provide clearer, more understandable account statements. A detailed breakdown of charges, interest, and balances is expected, allowing users to make informed decisions.
3. Security in in-person transactions – Article 44
- To reduce fraud and strengthen cardholder protection:All card payments must be processed in the customer’s presence, with proper identification, which is the responsibility of commercial establishments.
- This requirement does not apply to digital transactions or e-commerce, thereby preserving flexibility for online operations.
4. Strengthening the role of the CNBS
The National Banking and Insurance Commission (CNBS) expands its regulatory and supervisory powers, now authorized to:
- Issue supplementary regulations.
- Oversee the implementation of the new interest regime.
- Sanction abusive or unlawful practices. It is expected that in the coming months, the CNBS will issue regulations clarifying operational and compliance aspects.
Implications for businesses
Companies in sectors such as retail, banking, fintech, financial outsourcing, and contact centers should review:
· Credit agreements and policies.
· Internal collection processes.
· Customer service staff training.
At LEXINCORP Honduras, we recommend conducting an internal audit to ensure compliance with these new provisions, as well as updating protocols and contractual clauses related to the use and management of credit cards.
Would you like us to review your contracts or internal processes under this new regulation? Our team specializing in financial law and regulatory compliance is ready to assist you. Contact us: infohn@lexincorp.com
