Press Release: Capping fees for card-based payments: Regulation adopted

Author (Corporate)
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Series Details PRES/15/185 (20.04.15)
Publication Date 20/04/2015
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On 20 April 2015 the Council of the European Union adopted a regulation capping interchange fees for payments made with debit and credit cards.

The aim is to reduce costs for both retailers and consumer, and to help create an EU-wide payments market. The regulation will also help users make more informed choices about payment instruments.

Source Link Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2015/04/20-capping-fees-card-based-payments/
Related Links
ESO: Background Information: Commission welcomes European Parliament vote to cap interchange fees and improve competition for card-based payments http://www.europeansources.info/record/press-release-commission-welcomes-european-parliament-vote-to-cap-interchange-fees-and-improve-competition-for-card-based-payments/
ESO: Background information: Agriculture and Fisheries Council, 20 April 2015 http://www.europeansources.info/record/meeting-agriculture-and-fisheries-council-20-april-2015/
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