Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a new rule in the U.K.
Cross-border card fees may see further caps in Europe, as recommended by U.K. regulators, which could impact neobanks banking on cross-border commerce.
By Ian Walker The U.K. Payment Systems Regulator said that it provisionally plans to cap cross-border interchange fees on credit and debit cards as it believes Mastercard and Visa have likely.
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.