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eu_investigation_to_probe_mastercard_fees [2013/04/24 09:21] (aktualna)
talaha utworzono
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 +Mastercard is being investigated by the [http://vienne.co/tui-xach vienne] over fees charged for card transactions made by people visiting Europe.
  
 +The Commission said some of the firm's inter-bank fees and related practices may be anti-competitive.
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 +The commission is already investigating rival Visa over similar practices.
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 +Mastercard, which said it would fully co-operate with regulators, could be fined up to $740m, or 10% of its 2012 revenue, if found guilty. 
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 +The credit card firm said that it always aimed to balance the interests of both consumers and retailers.
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 +'Crucial importance'The investigation will examine payments made by people from outside the European Economic Authority (EEA) - the EU's 27-member states as well as Norway, Liechtenstein and Iceland - who use their credit and debit cards when inside the area.
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 +The EU said the main aim of its probe was to ensure consumers were not harmed.
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 +When a US tourist uses a Mastercard to make a purchase in [the European Economic Area], these fees can be quite high, generally much higher than those paid in Europe, European Commission spokesman Antoine Colombani said. 
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 +In 2007, a similar probe led to the Commission banning Mastercard from charging cross-border fees within the European Economic Area.
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 +The Commission said payment cards were of crucial importance for cross-border and internet payments. 
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 +It is therefore a priority for the European Commission to prevent competition distortions in inter-bank arrangements on fees, it said.
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 +As well as inter-bank fees paid by cardholders from non-EEA countries, the Commission said the probe would look at rules that obliged merchants to accept all types of Mastercard cards, even if some of them incur higher charges. 
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 +The probe will also look at Mastercard's restrictions on merchants who wish to use banks outside their own country, which could be cheaper.
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 +Ultimately, such behaviour is liable to slow down cross-border business and harm EU consumers, it said.
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 +The Commission said it would submit proposed regulation by the middle of the year on inter-bank fees aimed at ensuring a level playing field for all card providers.
 
eu_investigation_to_probe_mastercard_fees.txt · ostatnio zmienione: 2013/04/24 09:21 przez talaha
 
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