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Mastercard, Visa Cross-Border Interchange Fees Too High, U K Regulator Provisionally Finds

By Ian Walker The U.K. Payment Systems Regulator said that it believes Mastercard and Visa have likely raised cross-border interchange fees on credit and.

Chris hemsleyIan walkerSystems regulatorDirector chris hemsleyArticle normalCredit types servicesCredit cardsBanking creditFinancial servicesFinancial technologyElectronic payment systemsRegulation government policyRegulatory bodiesCorporate industrial newsContent typesFactiva filters

Mastercard and Visa face cross-border fee caps after unduly high increases | Harwich and Manningtree Standard

The Payment Systems Regulator said UK firms paid up to an extra £200 million last year alone after hikes.

United kingdomChris hemsleyEuropean unionPayment systems regulatorEuropean economic area

Regulator looks to clamp down on unduly high credit and debit card fees

A surge in card fees has left UK businesses paying an extra £150m to £200m in the past year, the PSR has found.

United kingdomJennifer siegChris hemsleyPayment system regulatorUnited kingdom european economic area

Mastercard and Visa face cross-border fee caps after unduly high increases | East London and West Essex Guardian Series

The Payment Systems Regulator said UK firms paid up to an extra £200 million last year alone after rises in fees.

United kingdomChris hemsleyEuropean unionPayment systems regulatorEuropean economic area

Visa and Mastercard facing UK cap on unduly high fees

The UK s payments watchdog says the card providers have significantly hiked their fees but they argue that the regulator doesn t understand the market.

United kingdomChris hemsleyPayment systems regulatorUnited kingdom european economic area

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