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Mastercard and others fined for cartel behaviour in prepaid cards market

The Payment Systems Regulator said it had concluded that the companies infringed competition law.

United kingdomChris hemsleyPrepaid financial servicesPayment solutionsPayment systems regulatorAdvanced payment solutionsCompetition act

Mastercard and others fined for cartel behaviour in prepaid cards market

The Payment Systems Regulator said it had concluded that the companies infringed competition law.

United kingdomChris hemsleyPrepaid financial servicesPayment solutionsPayment systems regulatorAdvanced payment solutionsCompetition act

Investegate |Payment Systems Reg Announcements | Payment Systems Reg: PSR announces decision on Competition Act Case

Investegate announcements from Payment Systems Reg, PSR announces decision on Competition Act Case

United kingdomGreat britainChris hemsleyNational prepaid cards networkPrepaid financial services irelandPayment solutionsMastercard europe servicesMastercard incorporatedMastercard united kingdom management servicesNetwork pmsPrepaid financial servicesPayment systems regulatorAdvanced payment solutionsManaging directorCompetition actMastercard europe

Mastercard fined £31 5m over illegal UK prepaid cards cartel

Five firms fined total of £33m for agreeing not to compete with each other for local council business

Chris hemsleyNational prepaid cards networkPrepaid financial servicesPayment solutionsPayment systems regulatorAdvanced payment solutions

Mastercard and others fined for cartel behaviour in prepaid cards market

The Payment Systems Regulator said it had concluded that the companies infringed competition law.

United kingdomVicky shawChris hemsleyPrepaid financial servicesAssociation mastercardPayment solutionsPress associationFinance correspondentPayment systems regulatorAdvanced payment solutionsCompetition actPrepaid cardsLocal authoritiesPrepaid financial servicesAdvanced payment solutions

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