EU Questions Retailers in Visa, Mastercard Fee Controversy
The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out| PYMNTS.com
The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. The commission sent out| PYMNTS.com
Independent Retail Europe is the European association that acts as an umbrella organisation for groups of independent retailers in the food and non-food sectors. Our members are groups of independent retailers, associations representing groups of independent retailers and wider service organisations built to support independent retailers.| Independent Retail Europe
Europe's largest retailers and online retail companies have urged the European Commission to rein in allegedly high fees charged by Visa and Mastercard, saying they hurt the bloc's competitiveness and hamper rivals. Visa and Mastercard dominate the market for payment cards and have in recent years faced complaints from retailers about their fees, and what retailers say is a lack of transparency on these fees.| Yahoo Finance
