Antitrust Antitrust

EU banks’ card-fee caps won’t change, commission says

By Jack Schickler
  • 29 Jun 2020 05:22
  • 29 Jun 2020 05:32
Fee caps for EU debit and credit cards should stay as they are, the European Commission has said, in a move that will prompt a sigh of relief from the likes of Visa, Mastercard and major banks.

The announcement means that caps on the transaction fees that issuing banks can charge to merchants will

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