© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Mastercard to raise EU fees by at least 400% for online sales to UK shoppers

Change from October could lead to higher prices for those paying with UK-issued cards

Mastercard is to increase the fees it charges EU firms to take payments from online shoppers from the UK by at least 400%, in a move that could mean higher prices for consumers.

The company charges 0.3% to process credit card payments and 0.2% to handle debit card payments but it has told EU firms that these will increase to 1.5% and 1.15% respectively from 15 October.

Continue reading…

Related posts

Brexit: thousands of Britons expelled from EU since end of transition period

AEA3

Prince Harry accused of bullying ‘at scale’ by chair of charity he founded

AEA3

Arsenal v Paris Saint-Germain: Champions League semi-final, first leg – live

AEA3

Pin It on Pinterest

Share This