Britain to rein in Mastercard and Visa fees on retailers

Britain to rein in Mastercard and Visa fees on retailers



THERE is little evidence that big hikes in fees by Visa and Mastercard on retailers who use their cards have also led to major improvement in service, Britain’s Payment Systems Regulator (PSR) said in provisional findings on Tuesday (May 21), flagging concerns competition was not working.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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