Visa, Mastercard Fees Hit by New Round of EU Antitrust Scrutiny

EU Renews Pressure on Visa, Mastercard Over Fee Practices - Overpasses For America

spotlighted Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA). The latest round of scrutiny zeroed in on scheme fees, the charges levied on banks that facilitate card payments through their networks. cheapest AI stock. READ NEXT: 10 Unstoppable Dividend Stocks to Buy Now and 11 Oversold Global Stocks to Buy According to Hedge Funds Source link

Visa, Mastercard fees hit by new round of EU antitrust scrutiny

Visa Inc. and Mastercard Inc. fees are under fresh scrutiny from European Union antitrust enforcers, less than a decade after a series of probes ended with hefty fines and an agreement to cut some of their controversial levies.

Visa, Mastercard Fees Hit by New Round of EU Antitrust Scrutiny

Visa Inc. and Mastercard Inc. fees are under fresh scrutiny from European Union antitrust enforcers, less than a decade after a series of probes ended with hefty fines and an agreement to cut some of their controversial levies.

EU Cracks Down on Visa and Mastercard Over Fees

The European Union (EU) is once again turning up the heat on credit card giants Visa and Mastercard. The EU has accused both companies of violating antitrust laws by setting unfair interchange fees, which are the fees charged to retailers for processing credit card payments. This isn’t the first time the EU has gone after Visa and Mastercard. In 2014, the EU imposed a cap on interchange fees, but the companies found ways to circumvent the cap an…

EU Renews Pressure on Visa, Mastercard Over Fee Practices

In This Article: European regulators have once again spotlighted Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA). The latest round of scrutiny zeroed in on scheme fees, the charges levied on banks that facilitate card payments through their networks. JMiks / Shutterstock.com New…

Report: European Commission Looking Into Visa and Mastercard Fees

The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe.