Visa cuts retailers’ debit card charges

Visa Europe agreed on the 26 April 2010 to cut significantly the fees it imposes on retailers for debit card transactions in a partial settlement deal with European antitrust authorities.

European Commission: Press Release: IP/10/462: Antitrust: Vice President Almunia welcomes Visa Europe's proposal to cut interbank fees for debit cards http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/462&format=HTML&aged=0&language=EN&guiLanguage=en

ESO: Background information: Visa Europe charged over breach of fee rules http://www.europeansources.info/record/visa-europe-charged-over-breach-of-fee-rules/

Website: Visa Europe http://www.visaeurope.com/

Visa Europe: Press Release, 26.4.10: Settlement on Visa debit interchange fees aids SEPA http://www.visaeurope.com/en/newsroom/news/articles/2010/visa_interchange_fees_aid_sepa.aspx

Eurocommerce: Press Release, 26.4.10: Commission gives up the fight on interchange? http://www.eurocommerce.be/content.aspx?pageId=41771

EurActiv, 27.4.10: Visa commits to 0.2% card fee cut http://www.euractiv.com/en/financial-services/visa-commits-02-card-fee-cut-news-483485

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