Payments News

NFDA highlights ‘serious impact’ of debit card charges

Jul 14, 2017
The National Franchised Dealers Association (NFDA) has written to HM Treasury and the Department for Business to highlight the ‘serious impact’ of debit card charges on dealers.

The EU Interchange Fee Regulation (IFR), which took effect throughout 2015 and 2016, imposed a new structure for fees charged by card processing companies.

Read the full article:
http://www.am-online.com/news/finance/2017/07/13/nfda-highlights-serious-impact-of-debit-card-charges-on-automotive-retailers