WASHINGTON--(BUSINESS WIRE)--The following press release was issued by Merchants Payments Coalition: American merchants applaud the European Union for taking steps to cap card fees at a seventh of what U.S. retailers pay their banks. The 28 countries of the European Union agreed with a committee of the EU’s Parliament to cap the fees merchants pay banks every time a customer swipes a card at 0.2 percent on debit cards and at 0.3 percent on credit cards. Countries can also set a five-cent cap on
| < Prev | Next > |
|---|
