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The UK’s Payment Systems Regulator (PSR) has set out its plans showing how it proposes to carry out two market reviews focusing on card fees. One looks at scheme and... read more
The post UK PSR to review Visa and Mastercard scheme and interchange fees appeared first on Payments Cards & Mobile.
The UK’s Payment Systems Regulator (PSR) has published its final report into its card acquiring market review. The document sets out the regulator’s conclusion that the supply of card acquiring... read more
The post PSR publishes final report on card acquiring market review appeared first on Payments Cards & Mobile.
The Payments Survey is an annual publication of the BRC (British Retail Consortium) measuring the sales volumes and values of different payment channels employed by retailers across the UK. Conducted... read more
The post Report: BRC survey findings demand further reforms to interchange fees appeared first on Payments Cards & Mobile.
Over the last couple of days there have been numerous reports around extravagant card scheme fees paid to the major payment networks, retailers had to spend more than £1 billion... more
The post BRC Payments Survey point finger at card scheme fees – The facts appeared first on Payments Cards & Mobile.
Visa and MasterCard are reported to be planning to increase interchange fees as well as fees that card networks charge financial institutions for processing card payments for merchants. Though merchants... more
The post Card networks prepare to raise Scheme and Interchange fees appeared first on Payments Cards & Mobile.