Articles tagged with: MEP Matt Carthy

CARTHY WORKING TO CURB BANK CHARGES ON SHOPPERS

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10 Jan 2015 Comments Off on CARTHY WORKING TO CURB BANK CHARGES ON SHOPPERS
CARTHY WORKING TO CURB BANK CHARGES ON SHOPPERS

Monaghan MEP Matt Carthy is involved in a European Parliament initiative aimed at reducing the cost to consumers of conducting transactions using their financial cards. It is believed that the fees banks charge retailers to process their shoppers’ financial card payment could soon be capped across the EU following negotiations between the European Parliament’s Economic and Monetary Affairs Committee, the European Council and the EU Commission. The talks produced an agreement that a cap would apply to both cross-border and domestic card-based payments which should result in lower costs for consumers. Midlands North ...