Brussels has fined Mastercard €570.6m for limiting banks’ ability to shop around between member states to offer lower fees, thereby restricting competition between banks and raising the cost of card payments for both retailers and customers. Mastercard levies a so-called interchange fee on tr
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp