Interchange Fee

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ECA concerns over price interventions in the card market

10 Jan 25 @ 14:02

The European Union (EU) has long championed digital payments as a safer, faster and more cost-effective alternative for consumers and businesses. While the value of retail digital payments in the... read more

The Czech payments landscape – A detailed analysis

04 Oct 24 @ 11:49

As Czechia strides towards 2025, its payments landscape is marked by significant shifts and advancements. The convergence of traditional banking systems with innovative digital solutions is driving a new era... read more

Mastercard and Visa face £4 billion lawsuit over multilateral interchange fees

04 Sep 24 @ 09:56

Mastercard and Visa are facing collective lawsuits in the UK, over historical overcharging claims on multilateral interchange fees, with claims surpassing £4 billion. The Competition Appeal Tribunal has approved the... read more

The Italian payments landscape – A detailed analysis

15 Aug 24 @ 14:45

The Italian payments market is undergoing a profound transformation driven by technological advancements and evolving consumer behaviours. As we move through 2024, the Italian market is seeing significant shifts towards... read more

European banks raise concerns over UK’s proposed cap on interchange fees

14 Aug 24 @ 15:58

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. This proposal, which impacts fees levied by Visa... read more

E-commerce and POS proliferate, cash and crypto bring up the rear

09 Aug 24 @ 13:11

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK,... read more

The UK payments landscape – A detailed analysis

05 Aug 24 @ 15:32

According to the latest Digital & Card Payment Yearbooks,  in recent years, the UK payments landscape has undergone a dramatic transformation, driven by technological advancements and changing consumer behaviours. The... read more

The French payments landscape – A detailed analysis

31 Jul 24 @ 10:42

According to the latest Digital & Card Payment Yearbooks, the French payments landscape has undergone significant changes, driven by regulatory reforms, technological advancements, and evolving consumer behaviours. With the revised... read more

US court rejects $30 billion interchange fee settlement

26 Jun 24 @ 09:30

The $30 billion preliminary interchange fee settlement between Mastercard, Visa and retailers has been formally rejected by the US courts. The ruling means both Visa and Mastercard will have to... read more

New debit card interchange fee bill introduced in USA

24 Jun 24 @ 14:02

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a... read more

Merchant collective interchange fee claims against networks to proceed

12 Jun 24 @ 16:32

Interchange fee litigation in the UK is nothing new: the Courts have seen cases brought by individual merchants, and a collective consumer action, against Mastercard and Visa. What is new is that – subject to revised... read more

Card schemes do not face effective competition in UK

21 May 24 @ 13:11

The Payment Systems Regulator (PSR) has released its provisional findings into its “Market review of card scheme and processing fees” interim report, finding that the cards schemes do not face effective... read more

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Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more

Emerging markets accelerate the shift to cashless payments

30 Apr 26 @ 18:03

Cashless payments are becoming an increasingly important marker of financial modernisation across emerging market and developing economies, with new data from t... more

Santander backs Ebury’s next phase with fresh funding

05 May 26 @ 16:52

Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more