Journal of
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Archive » December 2014 » Acquiring fees in the credit card business, between regulation and competition

Acquiring fees in the credit card business, between regulation and competition

Lucia Leonelli
December 2014 - n. 12
Jel codes: G28, E42

For merchants accepting cards, interchange fees increase costs and thus reduce the possibilities to pass through to customers savings originated by progress in payment system. Moreover, merchants are supposed to be more reluctant to accept cards. Fees' decrease driven by the market and recent action of authorities to improve transparency and reduce costs seem to point in the right direction, towards more efficient resource allocation in payments

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