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How much are European merchants paying to accept card payments?
In 2020, a study by CMSPI and Zephyre found that, on average, European merchants were paying more to accept each card payments than they had prior to regulation.1 This significant finding was... read more
The post How much are European merchants paying to accept card payments? appeared first on Payments Cards & Mobile.
Visa follows suit and raises interchange fees for UK card holders
Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more
The post Visa follows suit and raises interchange fees for UK card holders appeared first on Payments Cards & Mobile.
Intuit set to sue Visa and Mastercard over anti-competitive interchange fees
Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... more
The post Intuit set to sue Visa and Mastercard over anti-competitive interchange fees appeared first on Payments Cards & Mobile.
Brexit related interchange fees argument rumbles on
Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... more
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Mastercard hikes up interchange fees for non UK merchants
Mastercard has announced that it will raise interchange fees by about five times the current limit when a UK card holder uses a debit or credit card to buy from... more
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