Payments Cards & Mobile· Gemma Rolfe·· 3 hours agoAI score66
Visa and Mastercard face approximately £5bn in interchange fee class actions in the UK
Visa and Mastercard Face £5bn UK Class Action Over Interchange Fees
AI brief
AI-assisted source summary · not independently verified. Content standards
Hausfeld and Harcus Parker have filed two proposed class actions with the UK Competition Appeal Tribunal, seeking approximately £5bn in compensation from Visa and Mastercard for interchange fees allegedly unlawfully charged on consumers’ card transactions.
Source:Payments Cards & Mobile · paymentsindustryintelligence.com