The Payments Systems Regulator to examine card fees in the UK
By Puja Sharma
The UK’s Payments Systems Regulator (PSR) announced plans to carry out two market reviews focusing on card fees – one on scheme and processing fees, and the other on cross-border interchange fees. The reviews focus on Mastercard and Visa, who according to the PSR have raised fees more than fivefold on some cross-border transactions since […]
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