Interchange Fees

Brazil to Cap Prepaid Card Interchange Fees to 0.7% Starting April 2023
Brazil to Cap Prepaid Card Interchange Fees to 0.7% Starting April 2023
September 26, 2022  |  Prepaid

The Central Bank of Brazil (BCB) is set to cap interchange fees for prepaid cards starting in April 2023, and it will also standardize the...

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UK Payment Systems Regulator to Review Visa, Mastercard Fees
UK Payment Systems Regulator to Review Visa, Mastercard Fees
June 21, 2022  |  Credit Cards

On Tuesday (June 21), the U.K.’s Payment Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One...

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UK Regulator Fines Four NatWest Banks for Interchange Fee Violations
UK Regulator Fines Four NatWest Banks for Interchange Fee Violations
May 12, 2022  |  Regulation

Four NatWest Group banks — National Westminster Bank, Royal Bank of Scotland, Ulster Bank and Coutts & Co. — were hit with fines totaling $1.9...

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Senate Democrats Grill Visa, Mastercard over Swipe Fees
Senate Democrats Grill Visa, Mastercard over Swipe Fees
May 05, 2022  |  Payment Methods

At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks...

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Interchange Fees Catch Heat, and Are Defended, on Capitol Hill  
Interchange Fees Catch Heat, and Are Defended, on Capitol Hill  
May 05, 2022  |  Credit Cards

At a Senate Committee on the Judiciary hearing on Wednesday (May 4), interchange fees — levied on merchants as credit cards are swiped, paid out...

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Emirates Airline Pushes ePayments To Avoid Interchange Fees
Emirates Airline Pushes ePayments To Avoid Interchange Fees
July 06, 2021  |  International

Emirates airline is at the forefront of an industry effort to encourage customers to pay carriers directly from bank accounts without involving third parties and...

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NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
June 24, 2021  |  Active Tracker

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Deep Dive: How Open Banking-Powered Payments Could Offer U.S. Merchants A Reprieve From Interchange Fees
Deep Dive: How Open Banking-Powered Payments Could Offer U.S. Merchants A Reprieve From Interchange Fees
April 27, 2021  |  Banking

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BNP Paribas: Open Banking APIs Deliver An ‘Invisible’ Payment Experience
BNP Paribas: Open Banking APIs Deliver An ‘Invisible’ Payment Experience
April 23, 2021  |  Banking

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