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EC accepts Visa credit card fee cap

EC accepts Visa credit card fee cap

The European Union’s antitrust regulator has accepted Visa Europe’s offer to cap its credit card multilateral interchange fees (MIFs) for cross-border credit card payments at 0.3% for retailers, two people familiar with the matter said, as the EU strives to cut the  price of paying with plastic and boost online commerce. The European Commission says [...]

The post EC accepts Visa credit card fee cap appeared first on Payments Cards & Mobile.

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