Operators support credit card action
4-Nov-2003
INTERNATIONAL. Operators and airport authorities have joined a growing alliance of industry companies acting to reduce unfair charges levied on credit card transactions, estimated to cost travel retailers Eu70m ($83m) a year.
Article Preview:
?INTERNATIONAL. Operators and airport authorities have joined a growing alliance of industry companies acting to reduce unfair charges levied on credit card transactions, estimated to cost travel retailers Eu70m ($83m)........
Login To Read More | Subscribe To Read More
Your Comments On This Article
Related Stories
Articles bearing the symbol
require subscription.
(15-May-2004) - NETHERLANDS. In a big boost to travel retailers seeking a better deal on transaction charges from credit card companies and banks, the Dutch Competition Authority has fined Interpay - the finance body that links card companies and their customers - Eu30m ($36m) for abusing its position in the market
(1-Nov-2004) - Time for the Commission to lay its cards on the table
(25-Nov-2004) - UK. The Office of Fair Trading, a government regulatory body, has rejected appeals from Mastercard to reverse its decision that the credit card company's interbank fees violate UK competition laws, and has launched a similar investigation against Visa
(13-Sep-2005) - The Office of Fair Trading has ruled that MasterCard's UK multilateral interchange fee is uncompetitive
(1-Mar-2006) - UK. The Office of Fair Trading (OFT) has launched a second investigation into charges levied by Mastercard just six months after the UK watchdog published a report condemning the credit card firm for breaching the country's competition law

Magazine
Magazine

Operators support credit card action