Focus - Payment Services and Payment Card Fees

Date 1 nov. 2013
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The EU Commission has proposed rules for a new directive on payment services (click link) as well as a Regulation on interchange fees for card-based payment transactions (click link). Rules about payment services in the current Payment Services Directive (click link) and in the Danish Act on Payment Services (link in Danish) already exist, and the proposal constitutes a revision of these rules. However, it is new that rules regarding card fees are being determined on an EU level. In this newsletter, we focus on the rules and the new elements therein.

 

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