Re:Visa and Mastercard agree to lower average credit card in...
by arcticbull on Friday May 19, 2023 @04:46AM
(#35999374)
Interchange in the UK remains capped at the same 0.2% for debit and 0.3% for credit rate that applied in the EEA prior to Brexit. What changed was that this cap only applies when the issuer, acquirer and merchant are within the UK. Therefore, UK-EEA transactions are no longer covered. [1]
[1] https://www.barclaycard.co.uk/content/dam/barclaycard/docume...