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Old Jun 17, 2019, 2:58 am
  #20  
lhrsfo
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Originally Posted by jags86


I’m not an EU resident but my guess is you haven’t seen any prices drop since the capping of interchange fees. This benefits the retailers who no longer are paying 1%, 2%, 3% fees vs 0.3% fees today.
This confuses interchange fees and credit card processing fees. The former are capped at 0.3% for credit cards, the latter are between an additional 1.5% to 3% depending upon the provider.
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