payment fine

Barclays fined £8.4m after shops lose out on card fees

2nd December 2022 Consumer Lending | #payment fine

Barclays has been fined £8.4m by the Payments Systems Regulator (PSR), with the bank failing to be transparent with retailers about the fees they were charged to use its card services. The PSR has taken action as it found that the bank did not provide retailers with transaction information required under the IFR. This meant retailers…

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payment fine

Barclays fined £8.4m after shops lose out on card fees

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