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The Payments Systems Regulator to examine card fees in the UK

By Puja Sharma

June 23, 2022

  • A2A Payments
  • banks in UK
  • Fintech news
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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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