There will be a big change in payment by credit or debit card from this 1st January.

The Central Bank of Costa Rica reminds us that from January 1, 2024, a major change is coming to payments by credit or debit card in our country.

Starting with next year, there will be a new requirement from businesses and that will be to request the PIN of the debit or credit card on the dataphone when a purchase exceeds 50 thousand colones or the same amount in another international currency. Like dollar or euro.

Your credit or debit card PIN is four digits. This is nothing special because that PIN is the same four numbers you use to complete your transaction at the ATM.

If for some reason you do not know anything about this PIN or do not remember it, you should go to the bank, cooperative or other financial entity that gave you this code, because it will be used when you make overpayments. Will be mandatory. More than half of any business is agility. National.

The Central Bank guarantees that we can change or receive the PIN as often as possible without paying a penny for all digital channels of banking institutions, although if you do this procedure in person or use an ATM. If they do, they can take an amount.

“As of September 30, 2023, more than 75,000 dataphones have been updated, meaning they already request a PIN as a customer authentication measure, a requirement to successfully complete payment transactions at those businesses Actions in which these are already operated.dataphone.

Central says, “Businesses that have not yet updated their dataphone can ask their financial institution to move forward with appropriate actions so that they do not face security issues after December 31, 2023 and This way they can adequately protect their customers.” Edge.

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