The European Union welcomes new rules that benefit consumers by promoting more competition in processing of card payments

The european Union has issued new requirements that ensure independence of payment card schemes and processing entities, to enhance competition in the card payment market. Retailers will be able to choose the most suitable processor for their card transactions, to the benefit of consumers. The european Commissioner, in charge of competition policy said: Many consumers Read more about The European Union welcomes new rules that benefit consumers by promoting more competition in processing of card payments[…]