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PayDay News | Australian Payments News

Scheme fees in Europe’s spotlight after 10 yrs of fee cap failures

PayDay News
18 Jun, 2025
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Staff Reporter
PayDay News
18 Jun, 2025
Add us as a preferred source on Google
A group of prominent European retailers has renewed calls to regulate fees charged international card schemes (ICS) on card transactions, saying a lack of controls is seriously undermining efforts to reduce the cost of card payments.
Scheme fees in Europe’s spotlight after 10 yrs of fee cap failures
A group of European retail groups says the increasing cost and escalating complexity of scheme fees needs regulatory attention. Currently Europe only regulates interchange fees, rather than the scheme fees charged

A group of prominent European retailers has renewed calls to regulate fees charged international card schemes (ICS) on card transactions, saying a lack of controls is seriously undermining efforts to reduce the cost of card payments.

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