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    Home » they do charge proportionately higher fees to merchants than to cardholders. The scheme may use the collected fees to subsidise one ‘leg’ of the transaction or the other (i.e. the merchant or the cardholder)

    they do charge proportionately higher fees to merchants than to cardholders. The scheme may use the collected fees to subsidise one ‘leg’ of the transaction or the other (i.e. the merchant or the cardholder)

    eub2eub224 July 2013 focus
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    resulting in an implicit MIF.

    Directive on Payment Services (PSD)

    Source: European Commission

    “

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