Plenary focus - March

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  • Chris MacManus
    Chris MacManus
    Vote: Tuesday


    Interchange fees for card-based payments, paid by the merchant’s bank to the bank that issued the card, are not transparent and they differ between EU countries. This is an important piece of legislation as it will ensure that consumers cannot be excessively charged for using their debit or credit cards or that retailers won’t suffer undue costs by card companies.