Paraguay central bank caps payment service fees to boost digital transactions

The Central Bank of Paraguay approved a tariff regulation that limits commissions on payment services to a maximum of 1.5% of the transaction amount, requires providers to publish clear fee tables and sets caps for QR‑code payments and direct debits. The measure aims to increase transparency, competitiveness and consumer protection in the national payments system.

Cuba’s central bank announced reforms to stimulate digital payments, removing the 5,000 CUP cash‑payment ceiling and introducing flexible agreements between businesses and banks. Real‑time settlement of online payments is slated to start on 1 August, and merchant commissions for online payments are being reduced.

In Spain, fintech Criptan Trade received a payment‑entity licence from the Banco de España under the EU MiCA framework, authorising the use of regulated stablecoins for real‑time transfers and settlements. The approval places the firm among a small group of licensed crypto‑payment providers in the country.

A report from the Banco de la República shows that 62.5 % of Colombian micro and small enterprises still receive less than half of their sales via electronic means, while 88.8 % accept at least one electronic payment method, indicating growing but uneven digital‑payment adoption.

Binance confirmed plans to launch a crypto debit card in Venezuela, offering both physical and digital versions that will link users’ wallets to local spending.

At the Open Finance 2050 conference in Mexico City, Nubarium highlighted the importance of digital identity verification and cybersecurity across sectors, positioning its solutions as essential for trusted online interactions.

A Kaspersky study warned that cyber‑attacks on the retail sector have doubled in three years, stressing the need for stronger security measures to protect payment data and business continuity.