Mastercard and Visa face post-Brexit card fee cap

Mastercard and Visa face post-Brexit card fee cap

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The payments watchdog has proposed a cap on fees that credit card firms such as Mastercard and Visa charge retailers for payments between the UK and the EU. The fees, which can get passed on to consumers, cost UK firms an extra £150m to £200m last year, the Payment Systems Regulator (PSR) said.…

#mastercard #visa #psr #chrishemsley

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