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Image header Agence Europe
Europe Daily Bulletin No. 10148
Contents Publication in full By article 23 / 28
GENERAL NEWS / (eu) eu/competition

Commission tests Visa Europe's commitments

Brussels, 28/05/2010 (Agence Europe) - The European Commission has invited comments from stakeholders on Visa Europe's proposed commitments regarding multilateral interchange fees (MIFs) and other rules applied to transactions with debit cards. The MIF is a bank-to-bank fee for card payments, collectively fixed by Visa Europe's member banks, and ultimately paid by consumers. The Commission feared that Visa's MIFs might restrict competition between merchants' banks. In response to these...

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