New Mexico payments and fintech bills
Every payments and fintech bill in the New Mexico Legislature, what each would do, and where it stands. 42 states enacted payments and fintech laws in the 2025 and 2026 sessions. New Mexico has bills in progress and none enacted yet.
- Bills in scope
- 3bills in scope
- Past committee
- 1past committee
- Most recent action
- 3 June 2025most recent action
Payments and fintech in New Mexico, by topic
Interchange and card networks
1 bill. Enacted in 6 states.
Earned wage access
1 bill. Enacted in 7 states.
Payments and fintech bills in New Mexico
The bills not yet law, furthest along first, with what each would do.
1Past committee
2Introduced or inactive
3 bills in scope
Introduced or inactive
2
What it would do: Prohibits payment card networks and large credit card issuers from fixing interchange fees, requiring certain credit cards, or penalizing merchants for pricing. Prohibits charging interchange fees on tax and gratuity amounts and requires disclosure of interchange fees on monthly statements.
What it would do: Creates the Earned Wage Access Services Act requiring providers to obtain licenses from the Financial Institutions Division, establishing licensing requirements, consumer protections including fee caps of $7.50 per transaction, prohibited practices like credit reporting and collection suits, and annual reporting requirements.
Bill titles link to the New Mexico Legislature's own page.
What counts as payments and fintech legislation
In scope: Money transmission and licensing; virtual currency and crypto kiosks; card surcharges and payment fees; interchange and card networks; earned wage access; bNPL and bank partnerships; prepaid, gift cards and P2P; and payment fraud and scams.
Questions
Does New Mexico have a payments and fintech law?
None of the 3 payments and fintech bills in the New Mexico Legislature has been enacted in the 2025 and 2026 sessions. 1 bill got past a committee.
Which payments and fintech bills are moving in New Mexico?
1 bill not yet law has passed a committee or a chamber, the furthest along HB 22 (passed chamber).
What does New Mexico legislate on most in payments and fintech?
Interchange and card networks (1 bill) and Earned wage access (1 bill).
Are these summaries reviewed by a lawyer?
No. Which bills count as Payments and fintech bills, and the line on what each law requires or each bill would do, are drafted by software from the bill's own text and not reviewed by an attorney. Every bill links to the legislature's own record: read the text before relying on it. The list covers bills from the 2025 and 2026 sessions.
Other practice areas in New Mexico
- AI in New Mexico17
- Alcohol in New Mexico10
- Cannabis in New Mexico12
- Children's Online Safety in New Mexico6
- Cybersecurity in New Mexico1
- Data center and energy in New Mexico2
- Data Privacy in New Mexico14
- Employment in New Mexico44
- Healthcare in New Mexico145
- Insurance in New Mexico59
- Intellectual Property in New Mexico6
- Packaging and PFAS in New Mexico4
- Rental housing in New Mexico15
- Tobacco and nicotine in New Mexico4
- Transportation in New Mexico16
- All jurisdictions
Payments and fintech legislation in other jurisdictions
51 more currently hold bills in this tracker
- New Jersey66
- Congress61
- New York38
- Texas32
- Michigan28
- Massachusetts27
- Oklahoma24
- Mississippi21
- Florida20
- Illinois18
- Missouri18
- Connecticut17
- Minnesota17
- Maryland16
- California15
- Hawaii13
- West Virginia13
- Arizona12
- Iowa12
- Louisiana12
- Montana12
- Pennsylvania12
- Rhode Island12
- Virginia12
- Indiana11
- Maine11
- Washington11
- Nebraska10
- Tennessee10
- Delaware9
- Kentucky9
- Utah9
- Arkansas8
- Georgia8
- South Carolina8
- Vermont8
- Wisconsin8
- Idaho7
- North Carolina7
- Ohio7
- Alaska6
- Colorado6
- Kansas6
- New Hampshire6
- South Dakota6
- Alabama5
- Puerto Rico5
- Nevada4
- Wyoming4
- North Dakota3
- Oregon3
Know when New Mexico's payments and fintech law changes
An alert when a bill moves, and one report a month on what changed in every state and Congress.