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Tag: interchange fees

UK retailers welcome historic court ruling to end excessively high fees retailers pay banks to process card payments known as interchange fees

LONDON, 2014-9-11 — /EPR Retail News/ — UK retailers have today welcomed an historic court ruling to end the excessively high fees retailers pay banks to process card payments (known as interchange fees). Today's judgement by the European Court of Justice comprehensively and decisively supports retailers' decade-long campaign for a more competitive payments system and a…

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