UN PASO DE MODERNIDAD Y SOLIDARIDAD EN LA REGULACIóN DE TARJETAS DE DéBITO Y CRéDITO EN COSTA RICA

The main components of the new legislation and itsmain objectives in relation to information, publication,and transparency are analyzed. The need to balance out,through legal regulation, an uneven contractual relationshipbetween credit card-issuing companies and cardholdersis determined. The role played by credit cards servicesand companies in one of the most crucial and decisivebusiness relations for consumers, entrepreneurs, and smalland medium sized enterprises (SMEs) is weighed. In thecontext of an international crisis, the analysis proposed ispart of the efforts of the UNED’s Foreign Trade Observatory(OCEX), as a way to link the conditions of credit to thecommercial efforts of small enterprises. This innovativelegal regulation is proposed as a concerted effort to helpCosta Rica meet international tendencies and standardsintended to raise transparency levels in the use of today’smost important instrument of financing and indebtednessin our countries.