MasterCard: We Agree With European Commission on Cross Border Payments

Javier Perez, president of MasterCard Europe, took to the company’s newsroom this week to support the European Commission’s stance that Visa should reduce the fees it charges to process cross border transactions.

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    Furthermore, Perez argues that the EC should go further, expanding its stance on cross border payments to include other networks like American Express and PayPal.

    Read Mr. Perez’s full comments here.