Visa Cuts Swipe Fees in Europe, Raises Them in American | CSP Daily News / Magazine | CSP Information Group, Inc.


ARLINGTON, Va. — The announcement earlier this week that Visa Europe has reached a settlement with European Union regulators capping interchange fees on debit transactions paid by European retailers leaves American businesses, small and large, asking why the same cannot be done here, said the Retail Industry Leaders Association (RILA). It also likely foreshadows further Visa increases on the fees paid by American retailers unless Congress acts soon on debit interchange reform, the group added.

via Visa Cuts Swipe Fees in Europe, Raises Them in American | CSP Daily News / Magazine | CSP Information Group, Inc..

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