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Europe Daily Bulletin No. 11221

19 December 2014
Contents Publication in full By article 24 / 43
ECONOMY - FINANCE - BUSINESS / (ae) payments
Inter-institutional agreement on MIF caps

Brussels, 18/12/2014 (Agence Europe) - On Wednesday 17 December, representatives of the Council of the EU and the European Parliament reached agreement in principle on a draft regulation restricting multilateral interchange fees (MIFs) for debit and credit cards.

For cross-border debit card payments, the agreed cap is 0.2% of the transaction value. For domestic transactions, member states can apply the cap of 0.2%to the annual weighted average transaction value of all domestic transactions...

Contents

EUROPEAN COUNCIL
INSTITUTIONAL
SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
ECONOMY - FINANCE - BUSINESS
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU