[Reuters] – Europe’s antitrust regulator will accept Visa Europe’s offer to cap its inter-bank credit card fees at the same level as rival MasterCard, with the decision expected to be announced within weeks, two people familiar with the matter said on Friday. Visa Europe, Europe’s largest card payments company which is owned and operated by more than 3,000 European financial institutions, proposed last year to cut the charges levied on retailers to 0.3 percent of the value of each … [visit site to read more]
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