Interchange Fee RSS

Acquiring, Daily news, IFR, Interchange Fee, Interchange Fees Regulation, Interchange Fees Regulation (IFR), POS Terminals, Regulation -

The European Commission says that the caps on the interchange fees retailers pay to process debit and credit card transactions have helped push down prices. The EC published a report... more

The post European Commission reports on Interchange Fees Regulation success appeared first on Payments Cards & Mobile.

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Acquiring, Daily news, Interchange Fee, interchange fees, POS Terminals, Regulation -

The UK’s Supreme Court has ruled in favour of a group of retailers including J Sainsbury in the long running battle around historic interchange fees the networks charged leading to... more

The post UK Supreme Court rules against Visa and Mastercard in interchange fees battle appeared first on Payments Cards & Mobile.

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Acquiring, card fees, Daily news, E-Commerce, E-Money, Interchange Fee, interchange fee regulation, Interchange Fee Regulation (IFR)., Issuing & Acquiring, POS Terminals, Regulation -

EuroCommerce Director-General Christian Verschueren has pressed the European Commission to act on the growing problems facing retailers and wholesalers resulting from the limited scope of the Interchange Fee Regulation (IFR).... more

The post EuroCommerce petitions for more interchange fee regulation as card fees continue to rise appeared first on Payments Cards & Mobile.

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Daily news, Interchange Fee, Issuing & Acquiring, MasterCard, POS Terminals -

Mastercard is facing a claim of up to £14 billion in a landmark UK collective action case over interchange fee charges that were passed on to shoppers. This week, a... more

The post Mastercard defends £14 billion interchange fee action in supreme court appeared first on Payments Cards & Mobile.

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Daily news, E-Commerce, Interchange Fee, interchange fee regulation, Issuing & Acquiring, POS Terminals, Regulation -

Payments Europe welcomes that the European Commission has started assessing the impact and consequences of the Interchange Fee Regulation (IFR) and has written a paper to support this. The European... more

The post Upcoming revision of the Interchange Fee Regulation (IFR) appeared first on Payments Cards & Mobile.

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