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Tag: UK implementation of EU Interchange Fee Regulation

BRC: UK implementation of EU Interchange Fee Regulation may see debit card charges rise for some retailers

LONDON, 2015-12-10 — /EPR Retail News/ — UK consumers are set to lose out as a result of today's decision on fees for consumer debit card payments. The Interchange Fee Regulation, a piece of EU legislation which comes into effect in the UK today, will reduce the hidden ‘interchange' fees levied by banks on retailers…

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