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Honduras sees 800,000 credit cards by year end

Friday, June 6, 2014

Honduran financial authorities are expecting 800,000 credit cards to be active in the country by the end of the year.

Strategic alliances among banks have contributed to growth in credit card use.

But one of the main factors in the increasing number of credit cards in the country is the approval of a law that cuts interest rates and strengthens credit card users' rights.

Source (in Spanish): La Prensa