Fintech Insider Podcast by 11:FS cover image

925. News: Current eyes profitability, VRPs, and who's on Santa's fintech naughty list?

Fintech Insider Podcast by 11:FS

CHAPTER

Impacts of Rising Payment Fees in the UK

This chapter examines the implications of increased card fees in the UK, particularly following hikes by Visa and MasterCard. It discusses the regulator's proposals to limit these fees, as well as the effects on competition and innovation within the payments industry, especially against the backdrop of open banking and post-Brexit challenges. Additionally, it addresses the unintended consequences of regulation and the potential benefits of fostering competition to improve consumer outcomes.

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