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Old Jun 17, 2019, 4:13 am
  #23  
EJetter
 
Join Date: Feb 2012
Location: London, UK
Programs: BA Executive Club Blue
Posts: 959
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.
We have't seen prices drop, but we've seen much greater card acceptance particularly for smaller transactions. Previously many smaller merchants would insist on a minimum £10 spend in order to use a card, or charge an extra fee.
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