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Canadian retailer group fight for lower credit-card fees
A group of Canadian retailers and other businesses are pushing for lower credit-card fees from major payment networks amid a long standing battle over what they claim are inflated Canadian rates. The two largest credit-card companies, Visa Canada and MasterCard Canada, charge businesses an average of 1.5% of their transactions for accepting the plastic, with [...]
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Impact of the Interchange Fee Regulation on the European cards market – 18 months on
It is now almost 18 months since the introduction of the Interchange Fee Regulation. IFR covered a good deal more than the interchange fee caps and included substantial changes to the business rules for cards acceptance and processing frameworks. So, has implementation been effective and more importantly have there been unintended consequences? asks Peter Jones, Managing [...]
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