Regulation on Multilateral Interchange Fees RSS
First Annapolis has been closely monitoring the product offerings of the top issuers in several European markets in order to gauge issuers’ reactions to the interchange decreases that went into effect in December 2015 (see Figure 1). Issuers’ immediate responses to reduced interchange revenues included rationalizing their product set, reducing rewards, and increasing APRs and [...]
The post Six months after interchange regulation: have card products changed? appeared first on Payments Cards & Mobile.
PAY.ON has published a new white paper that explores the implications surrounding – and the opportunities arising from – the revised Payment Services Directive (PSD2) and the Regulation on Multilateral Interchange Fees (MIF). PSD2 is part of the European Commission’s efforts to strengthen the internal EU market, and has far-reaching implications for card issuers, acquirers, [...]
The post PSD2 and MIF Regulation create opportunities in Europe appeared first on Payments Cards & Mobile.