Picture of Payments: The path to interchange regulation - choose carefully

February 3rd 2017 | International Payments Expertise
The path to interchange regulation

Picture of Payments: The path to interchange regulation - choose carefully

The image above is the cover of the spring edition of Payments Intelligence magazine (UK). Click here to download the publication.

In July 2016, MasterCard was ordered to pay Sainsbury’s £69 million plus interest costs in compensation for setting anti-competitive multilateral interchange fees over a period of several years - setting a precedent for other merchants. CMSpi calculate that if the Sainsbury’s baseline were applied across all UK merchants, the total reclaim amount for Visa and MasterCard credit cards would be in excess of £2 billion. 

For more information about the article Why Sainsbury’s vs. MasterCard may open the floodgates for all UK merchants or to express your opinion please email us at info-uk@cms-pi.com. The full magazine can be downloaded here.

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