European Commission Accepts Commitments By Mastercard And Visa To Cut Inter-Regional Interchange Fees

On 29 April 2019 the European Commission has accepted commitments Mastercard and Visa made in relation to their inter-regional multilateral interchange fees (MIFs) for payments within the European Economic Area made with cards issued outside the EEA.

A CRA Europe team including Uğur Akgün, Cristina CaffarraOliver LathamPierre Regibeau and Bob Stillman advised Visa Europe in relation to the investigation.

For more details, please see the press releases by the EC, here.