Could the EU Ruling on Interchange Fees Be Good News for Retailers Doing Business Across the Pond?
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Ralf Gladis
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The ruling presents good news for retailers, though. The EU will most likely limit its fees to the actual financial advantage cards offer a merchant compared to cash. There's a chance we could see the big card providers forced to reduce fees further, while at the same time losing market share to new payment options at the point of sale and online.
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Ralf Gladis
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Ralf Gladis is the co-founder and CEO of Computop, Inc., a global payment service provider.
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