Impact of pricing rules for retail payments: Need for a revision?
In 2015 the EU agreed ambitious price regulation on retail payments. Most importantly, the Interchange Fee Regulation (IFR) limited the interchange fees and put a ban on surcharges for most payment transactions under the Second Payment Services Directive (PSD2).
During this CEPS-ECRI lunchtime meeting the impact of the price rules on the retail payment sector will be discussed as well as whether there is a need for any revision of these rules. Moreover, a new CEPS-ECRI paper on the same topic is presented.
Sponsored by American Express
Panelists:
- Dominique Forest, Case Handler, DG Competition
- Paul Gilbert, Counsel, Cleary Gottlieb Steen & Hamilton LLP
- Willem Pieter de Groen, Research Fellow & Head of Unit, CEPS
- Juan Orti, Country Manager Spain & Board Member, American Express Europe
- Rute Couto, Vice-President, Portuguese Association of Consumer Law