May 19, 2016 BY LeapRate Staff
UK regulator PSR provides guidance on monitoring and enforcing payment card Interchange Fee Regulation
Further to our earlier coverage on new EU payment card legislation to lower Interchange Fees on credit and payment cards, the UK payments regulator PSR has today issued draft guidance setting out how it will monitor and enforce newer elements of Interchange Fee Regulation (IFR) which come into effect in June. It explains that acquirers - companies…
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