1 link tagged with all of: payments + regulation + interchange + fintech + card-fees
Links
The UK’s Payment Systems Regulator (PSR) has decided to impose caps on interchange fees after Mastercard and Visa significantly raised their charges in 2021 and 2022. This move aims to reduce costs for retailers and consumers but could threaten revenue streams for banks and fintech companies.
card-fees ✓
interchange ✓
regulation ✓
payments ✓
fintech ✓