Press Release: Antitrust: Commission welcomes entry into force of new rules to boost card payment transparency

The European Commission welcomed the entry into force on 9 June 2016 of new rules to make the costs of payments with debit or credit cards more transparent to retailers and consumers and allow them to make efficient choices. All elements of the Interchange Fee Regulation are now fully applicable.

• Primary Source

European Commission: DG Communication: RAPID: MEMO/16/2162, 09.06.16: Antitrust: Regulation on Interchange Fees http://europa.eu/rapid/press-release_MEMO-16-2162_en.htm

ESO: Background information: The Interchange Fees Regulation http://www.europeansources.info/record/the-interchange-fees-regulation/

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