Payment Fees news and trends

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Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions

July 21, 2023
Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made by the government to cut fees charged by financial firms on electronic transactions worth up to 30 euros ($33.6) for smaller businesses. The decision, which was negotiated by retailers, banks […]