This site would like to set some non-essential temporary cookies. Some cookies we use are essential to make our site work.
Others such as Google Analytics help us to improve the site or provide additional but non-essential features to you.
No behavioural or tracking cookies are used.
To change your consent settings, read about the cookies we set and your privacy, please see our Privacy Policy



EU: Interchange fees: the facts, the stakes, the implications

The fight between merchants and card schemes over fees on card acceptance is not new. On the one hand, banks and card schemes claim that the fees they charge are essential to the viability of the system and, on the other, merchants in Europe and worldwide see these fees as profoundly unfair, disproportionate and anti-competitive. The latest round was fought out in the European Court of Justice, and is far from over. The outcome will have profound effects for the future of payments in Europe, as Cecile Gregoire and Ruth Milligan, of EuroCommerce, discuss.

Sign up for a free trial for a week’s access to the entire latest issue of the journal
You must be logged in and have an active full subscription to view full articles.
Log in now
If you are not already a subscriber, take a subscription for full access to our entire online archives.
Subscribe