Brussels, 08/12/2010 (Agence Europe) - On Wednesday 8 December, the European Commission made legally binding Europe's commitments to cut multilateral interchange fees (MIFs) for debit card payments. MIFs are bank-to-bank fees for card payments collectively fixed by Visa Europe's member banks but are ultimately paid by consumers. Under the commitments, the maximum weighted average MIF applicable to debit card cross border transactions and to national debit transactions in those countries...