A new era dawns for card fees after key judgment

Mastercard and Visa vow to appeal the latest judgment on multilateral interchange fees.  Mastercard and Visa’s multilateral interchange fees have been found to break European competition laws by the UK’s Competition Appeal Tribunal. In a judgment issued on June 27, the Tribunal unanimously ruled the default interchange fees set by both card networks are anti-competitive. … Continue reading A new era dawns for card fees after key judgment