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Feed/COD2013/0265(COD)Finance & Budget

Interchange fees for card-based payment transactions

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 137mo ago
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This procedure concerns the fees charged when using debit and credit cards for payments. It aims to regulate these fees to ensure fair competition and protect consumers and businesses.

The regulation affects consumers making card payments, businesses accepting card payments, and financial institutions issuing cards. It seeks to lower costs for merchants, potentially leading to lower prices for consumers.