Will the EU interchange cap impact the accuracy of interchange payments?

by PaymentsJournal 0

Issuers and acquirers have historically not been able to fully understand the revenues and costs associated with payment transactions as card schemes only provide them with top-level summaries of actual interchange payments. This lack of detail has led acquirers to estimate interchange costs for each merchant and has made issuers uncertain as to how exactly the interchange fee cap will impact their interchange revenue going forward.

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