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MasterCard loses card fee challenge

MasterCard loses card fee challenge

Mastercard lost a challenge to an EU ban on its cross-border card fees in a ruling that puts rival Visa Europe squarely in the sights of European regulators over its charges. Europe’s second-highest court on Thursday upheld a 2007 decision by the European Commission which was triggered by retailers’ gripes about the world’s second-largest credit [...]

The post MasterCard loses card fee challenge appeared first on Payments Cards & Mobile.

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