Brussels, 26/02/2014 (Agence Europe) - On Wednesday 26 February, the European Commission rendered legally binding the commitments offered by Visa Europe to significantly cut its multilateral interchange fees (MIFs) for credit card payments (commission paid by the retailer's bank to the consumer's bank after a purchase made by credit card) to 0.3% of the value of the transaction (a reduction of about 40 to 60%). These commitments, which will be effective for a period of four years from 1...