Today’s ruling on a revolving credit card does not question the validity of this financial product
Regarding the Supreme Court ruling announced today, the Spanish Banking Association (AEB) and CECA indicate that the decision does not question the validity of this financial product and confirms that its interest rates must be compared with those of this type of product, which differs from other consumer financing.
Enhanced Security for Payments
On September 14, the applicable technical security standards establishing the obligations for strong customer authentication will come into force. Its implementation will entail some changes in the customer payment experience, not only in online banking and mobile banking applications but also in card payments, for both e-commerce and in-person transactions.