About: interchange fees

Euro & Finance 29-07-2014

Consumers are being fleeced by card currency conversion charges

The Commission's proposed regulation on payment services will legitimize dynamic currency conversion (DCC), a practice where consumers are charged a hefty mark-up to pay bills on card in their own currency, writes Eric Grover.
Euro & Finance 18-11-2013

Brussels must scrap regulatory push on card-payment transactions

Europe would benefit from more, not less, dynamism, competition and innovation in payments if MEPs rejected the Commission's proposal for maximum interchange fee levels for transactions in the EU, writes Eric Grover.