Posts Tagged “Capping of Interchange Fees”

EU Parliament votes for capping of interchange fees

BRUSSELS | The European Parliament has voted for a regulation to cap interchange fees for consumer debit and credit card payments. The regulation was drafted by the European Commission and is intended to reduce fees for the usage of card payments. Both European merchants and consumers are assumed to benefit from limiting the interbank costs for card payments.

What are the implications of PSD2? | PAY.ON white paper

PAY.ON, an ACI Worldwide company and a global supplier of white label payment technology, has published in collaboration with First Annapolis 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).


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