PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

MasterCard and EU Regulators Ready for Battle Again

By Tristan Hugo-Webb
May 19, 2015
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Why Do Only 1 in 4 Small Businesses Have an eCommerce Platform? - PaymentsJournal

807551

According to reports from Bloomberg, MasterCard is set to go head to head again with EU regulators on the never-ending issue of interchange regulation. Sources close to the EU antitrust regulators have suggested that MasterCard is set to receive an antitrust complaint regarding interchange prices and controls. According to Bloomberg, regulators may send a statement of objections to MasterCard before the end of July which usually acts as a precursor to a massive fine.

While MasterCard could fight the case and protract legal proceedings, the history of such a strategy has not been positive with MasterCard and Visa (in separate legal battles) generally losing their case in front of European regulators when it comes to interchange. Ruth Milligan, senior adviser on payment services at EuroCommerce said,

“settlement would be more advantageous from MasterCard’s point of view.”

With the EU legislators recently passing interchange caps on both debit and credit transactions one might have expected the card networks to be spared further investigation. Especially when it is estimated that the interchange caps will cut revenue from debit and credit transactions by 6 billion euros ($6.8 billion) per year. While legal uncertainty will continue around interchange and MasterCard and Visa, one thing for certain is that this will not be the last time interchange is raised as an issue in Europe or around the world.


Overview by Tristan Hugo-Webb, Asspcoate Director, Global Payments Advisory Service at Mercator Advisory Group

Read the full review

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Rewire Acquires Imagen, Looking at Prepaid Cards for Migrant Workers

    Smells Like Team Spirit: What Makes Cobranded Credit Cards Work

    July 3, 2025
    uk banking outages

    New Continuous Strategies for Battling Account Takeovers

    July 2, 2025
    Fraud Monitoring

    What to Expect When Nacha’s Fraud Monitoring Rules Take Effect

    July 1, 2025
    payments

    Don’t Just React to What’s Next in Payments—Anticipate It

    June 30, 2025
    consumer debit

    As Payment Types Proliferate, Debit Cards Still Go Strong

    June 26, 2025
    Embedded Payments

    How Embedded Payments Is Optimizing the Expense Management Process

    June 25, 2025
    small business banks

    How Banks Can Bring Small Businesses Back to the Fold

    June 24, 2025
    Why Banks & Fintechs Can’t Ignore Digital Assets in 2025

    Digital Assets Deliver: How FIs Are Leading the Next Financial Era

    June 23, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result