28 May 15 @ 00:00

Two UK card issuers are cutting the reward schemes offered on credit products in response to the card interchange fee cap announced by the European Parliament. In a move that... read more

30 Mar 15 @ 15:34

Following the release of the final compromise text for the proposed regulation on interchange fees for card-based payment transactions (the MIF Regulation) on 19 January 2015, European countries finally endorsed... read more

03 Dec 14 @ 12:03

Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more

02 Oct 14 @ 15:10

MasterCard has lost a court challenge to a European Union (EU) antitrust lawsuit on cross-border interchange fees. The EU’s Court of Justice ruled that the fees set by MasterCard had... read more

02 Oct 14 @ 15:08

UK retailers have welcomed the historic court ruling to cap interchange fees retailers pay banks to process card payments. The judgment by the European Court of Justice comprehensively and decisively... read more

02 Oct 14 @ 15:01

The recent card scheme cross-border acquiring (CBA) concessions have created a new model for cross-border acquiring. By default they have become the European Commission’s ‘Plan A’ as a result of... read more

29 Jul 14 @ 21:30

Almost 59% of high-value merchants in the UK, France, Germany, Spain, Italy and Poland will not pass on savings from the proposed EU cap on interbank fees on card payments... read more

30 May 14 @ 08:49

While much of the debate around European card regulation focuses on Visa and MasterCard, how will three-party schemes fare under proposed legislation? by Victoria Conroy The July 2013 publication of... read more

26 Sep 13 @ 12:14

Proposed caps on debit and credit interchange across the EU have drawn strong responses from players on all sides of the industry. Has the Commission fully understood what it is... read more

28 Jul 13 @ 15:26

The European Commission is proposing to cap interchange on all consumer debit and credit card transactions, a move which would have a major impact on revenue streams for banks operating... read more

28 Jul 13 @ 15:21

A report commissioned by MasterCard from Europe Economics in conjunction with Professor Sheri Markose of the University of Essex has assessed the impacts of introducing interchange fee regulation in the UK... read more

28 Jul 13 @ 05:40

The latest twist in the ongoing battle over interchange between US merchants and Visa and MasterCard has seen a group of around 30 merchants, including giants such as Amazon and... read more

13 Oct 25 @ 13:22

The payments industry may be on the cusp of one of its most dramatic shifts in decades. Reports suggest that large retailers, notably Walmart and Amazon, are exploring the issuance... read more

05 Aug 25 @ 17:07

In an era where geopolitical uncertainty increasingly influences the flow of money, the security and sovereignty of national payment infrastructures have never been more vital. As economic sanctions disrupt financial... read more

05 Aug 25 @ 17:03

In an era defined by urgent climate imperatives and shifting social expectations, the payments industry finds itself at a strategic inflection point. Environmental, social, and governance (ESG) considerations, once the... read more

05 Aug 25 @ 16:58

Europe’s vast card payments market—processing trillions of euros annually—remains dominated by two American giants: Visa and Mastercard. Together, they handled over €7 trillion in European transactions in 2023, reinforcing concerns... read more

14 May 25 @ 10:57

In an era where geopolitical uncertainty increasingly influences the flow of money, the security and sovereignty of national payment infrastructures have never been more vital. As economic sanctions disrupt financial... read more

14 May 25 @ 10:38

The UK’s Payment Systems Regulator (PSR) has published a long-anticipated consultation paper proposing a suite of remedies aimed at improving transparency and accountability in the card fees –  scheme and... read more

14 May 25 @ 10:06

Southeast Asia (SEA) is rapidly cementing its position as a global leader in digital commerce, with its e-commerce market projected to skyrocket to $325 billion by 2028. This surge is... read more

24 Mar 25 @ 14:19

Digital and mobile infrastructure continue to pave the way for some compelling growth metrics across the E33, as e-commerce and Bulgarian payments soar. PCM’s exclusive annual comprehensive review of the... read more