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BRIEF-UK payment regulator clarifies stand on interchange fee regulation
October 6, 2016 / 7:36 AM / a year ago

BRIEF-UK payment regulator clarifies stand on interchange fee regulation

Oct 6 (Reuters) - Payment Systems Regulator :

* Publishes final guidance on interchange fee regulation

* Guidance clarifies position on co-badging and choice of payment brand or payment application

* Guidance clarifies position on separation of payment card scheme and processing entities and rules around ‘honouring’ of all cards guidance

* Clarifies PSR’s position on interchange fee caps and how it will be considered, co-badging and choice of payment brand Source text for Eikon: (Bengaluru Newsroom)

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