Interchange fees Regulation

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Chapter 57 in EU Banking and Financial Regulation, 2024, pp 548-554 from Edward Elgar Publishing

Abstract: Regulation (EU) No 2015/751 on interchange fees is part of a wider set of legislative acts which aim to promote the digital single market by making payments safer and cheaper and by paving the way for innovative payment technologies. In particular, the Regulation: (i) imposes a cap on interchange fees for Relevant Payments; (ii) edicts rules to the effect that merchants can more easily use banks in other EU Member States when they offer a better deal; and introduces new business rules and transparency requirements applicable to card schemes and processing.

Keywords: Law - Academic; Law - Professional (search for similar items in EconPapers)
Date: 2024
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