About: Multilateral Interchange Fees

Euro & Finance 10-03-2015

Parliament agrees to card caps

EU lawmakers agreed to impose caps on card payments in Europe following a vote in Parliament on Tuesday (10 March), applying to cross-border and domestic card-based payments.
Digital 21-11-2014

Scope and level of card caps remain in dispute

SPECIAL REPORT: EU lawmakers disagree over the level and scope at which card payments in Europe should be capped as the issue goes into trilogue in advance of its adoption anticipated early next year.
Euro & Finance 11-09-2014

ECJ ruling exposes MasterCard to national antitrust probes

MasterCard broke EU antitrust law when setting interchange charges for cross-border card payments, the highest court of the European Union today ruled (11 September).
Competition 09-09-2014

Commission wrong to deny access to interchange fee research, say EU judges

The European Commission was wrong to deny MasterCard access to research that fed into the draft regulation capping cross-border card payments, EU judges in Luxembourg ruled today (9 September).
Euro & Finance 08-09-2014

EU court rulings add up to crunch week for MasterCard

In one of two court rulings involving MasterCard this week, European judges will decide whether the company broke competition law when setting interchange charges for cross-border card payments.
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 04-07-2014

Italian presidency must prioritise card fees legislation, say businesses and consumers

Consumer and business organisations have called on the Italian Presidency of the EU and new European Parliament to make legislation capping payment card fees its “absolute priority.”
Euro & Finance 24-06-2014

More than half of retailers will not pass on capped card fee savings to customers

More than half of high value retailers will not pass on savings from the proposed EU cap on interbank fees on card payments to their customers, and instead invest the money into their business, according to new research.
Euro & Finance 28-03-2014

Parliament gears up for payment card fee vote

The EU proposal for a Payment Service Directive designed to limit interbank fees on all card payments will be voted on during the 3 April plenary sitting. EURACTIV France reports.
Euro & Finance 21-02-2014

Verschueren: The lower the interchange fees, the more merchants will accept card payments

The vote in the economic and monetary committee of the European Parliament on Thursday (20 February) to cap fees charged by payment cards companies is a step in the right direction: If you want to be on the side of merchants, you cannot be anything else than supportive of this regulation, says Christian Verschueren to EURACTIV Czech Republic.
Euro & Finance 13-12-2013

Technical spats set to dog payment cards debate

Key rule changes designed to introduce more competition and update the credit and debit card payments landscape are set to ignite a lengthy dispute over technicalities when they come before committee in the European Parliament next week.
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Economy & Jobs 25-07-2013

EU eyes €6 billion savings from credit, debit card fee caps

The European Commission tabled proposals yesterday (24 July) aimed at reducing the cost of using payment cards for consumers, setting new fee limits at 0.2% and 0.3% of the transaction value for debit cards and credit cards respectively.
Euro & Finance 25-07-2013

EU eyes €6 billion savings from credit, debit card fee caps

The European Commission tabled proposals yesterday (24 July) aimed at reducing the cost of using payment cards for consumers, setting new fee limits at 0.2% and 0.3% of the transaction value for debit cards and credit cards respectively.
Euro & Finance 19-07-2013

Commission to go ahead with cap on card fees

The European Commission will table proposals next week (24 July) aimed at reducing the cost of using payment and credit cards for consumers. The draft regulation, seen by EURACTIV, will set new fee limits at 0.2% and 0.3% of the transaction value for debit cards and credit cards respectively.
Euro & Finance 08-07-2013

EU’s new payments directive to cap fees, ignite consumer debate

SPECIAL REPORT / Forthcoming European Commission proposals that are aimed at levelling the playing field for payment cards across Europe are likely to ignite disputes over new market entrants and consumer benefits.