To tweet this news, copy and paste http://mstr.cd/PcYhWO to your Twitter handle with #MasterCard Brussels, 1 April 2014: Ahead of a European Parliament plenary vote on 3 April 2014, MasterCard (NYSE:MA) calls on Members of the European Parliament not to include commercial cards in draft legislation on interchange fees for electronic payments. Commercial cards were …
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To tweet this news, copy and paste http://bit.ly/1c4Xf7B to your Twitter handle with the hashtags #MasterCard #interchange Brussels, 14 February 2014 – European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2 in 3 consumers …
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Countries around the world are embracing electronic payments as they realize what the cost of cash really is.  Ann Cairns, president international markets, talks to the Morning Brew about how that resonates in the Asia-Pacific region.  And Time’s Josh Sanburn puts together a video report on the cost of cash.  Meanwhile, merchants can now charge “checkout fees” when consumers pay with …
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As the European Commission considers which route to take to achieve its objective of advancing electronic payments throughout the EU, including the possibility to introduce new interchange legislation, it needs to tread carefully… It is widely recognized that electronic payments make our lives easier. Merchants, consumers and governments all see benefits in speed and in …
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MasterCard and the European Commission often see the world differently, however there is one principle on which I would hope we can both agree, namely the need to respect an equal and level-playing field in any regulatory and legislative activity. This week we find ourselves wholeheartedly agreeing with the view of Joaquin Almunia, the EU …
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