14/05/2013 (Agence Europe) - European Commission welcomes Visa's commission charge promises. On Tuesday 14 May, the European Commission welcomed the commitments made by Visa to reduce some of the charges it makes to banks, and the Commission says it may now decide to close its investigations into the Visa bank card company, making the commitments compulsory. The problem is the multilateral interchange fees (MIF). The Commission is pleased that Visa is promising to cut the MIF to 0.3% of the...