Francisco Carvajal Chavarría
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Francisco Carvajal Chavarría is the director of the Departamento Sistema Nacional de Pagos Electrónicos at the Banco Central de Costa Rica (BCCR), where he plays a crucial role in overseeing the country's electronic payment systems. Recently, he was in the news for advocating a significant change to the Sinpe Móvil regulations, which limits daily money transfers via SMS to ¢100,000 to enhance security and reduce fraud risks associated with this payment method.
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Recent news mentions
Francisco Carvajal Chavarría proposed a regulatory reform during the Board of Directors session of the Central Bank of Costa Rica.
‘Fintech’ ganan espacio en el Sinpe: el giro que propone el Banco CentralLa Nación – main Costa Rican daily, est. 1946·
Costa Rica· 2025-09-17
Costa Rica· 2025-09-17
Francisco Carvajal Chavarría explained the need to limit the transfer amount via SMS to ¢100,000 daily.
Viene una restricción significativa en el Sinpe Móvil por SMSLa Nación – main Costa Rican daily, est. 1946·Costa Rica· 2025-08-29
Costa Rica· 2025-08-29Also mentioned
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