card fees

PSR proposes cross border price cap to protect UK businesses

13th December 2024 Consumer Lending | #card fees

The Payment Systems Regulator (PSR) has published its final report of its market review into cross border interchange fees. The report finds that the high level of fees is harming businesses. The report found that throughout 2021 and 2022, Mastercard and Visa raised their cross-border interchange fees fivefold from 0.2% to 1.15% for debit cards…

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card fees

PSR proposes cross border price cap to protect UK businesses

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