interchange RSS

Contracts, Daily News, interchange, Issuing & Acquiring, MasterCard, Processing & Systems, Regulation, Statement of Objections -

The European Commission has sent a Statement of Objections to MasterCard. The Statement of Objections outlines the Commission’s preliminary view that MasterCard’s rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher. As a result, retailers cannot benefit [...]

The post Antitrust: Commission sends Statement of Objections to MasterCard on cross-border rules and inter-regional interchange fees appeared first on Payments Cards & Mobile.

Read more