Brussels, 08/06/2015 (Agence Europe) - Regulation 2015/751 capping multilateral interchange fees (MIFs) for debit and credit card payments will be applicable from 9 December 2015 (see EUROPE 11298 and 11271).
For all credit card payments, the cap is set at 0.3% of the value of the transaction.
For all debit card payments, the cap is set at 0.2% of the value of the transaction. However, for small domestic payments, the member states may, under certain conditions, allow a charge per...