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The impact of the interchange fee regulation: a Processor view
Last April, the European Parliament and the Council of the European Union adopted a new Interchange Fee Regulation (IFR) capping interchange fees for payments made with debit and credit cards. While the main goal is to create a harmonised Europe-wide payments market, this Regulation also aims to help cardholders make informed decisions when it comes [...]
The post The impact of the interchange fee regulation: a Processor view appeared first on Payments Cards & Mobile.
EU agrees to adopt revised Payments Services Directive (PSD2)
The European Parliament has agreed to the European Commission revised Directive on Payment Services or the so called Payments Services Directive (PSD2). This new law, proposed by the European Commission in July 2013, enhances consumer protection, promotes innovation and improves the security of payment services. PSD2 is the latest in a series of laws recently [...]
The post EU agrees to adopt revised Payments Services Directive (PSD2) appeared first on Payments Cards & Mobile.
