The Central Bank is considering undertaking a major study of the fees that Irish retailers are charged to process card payments.
Initial evidence from the bank's National Payments Plan (NPP) project team suggests major differences in the fees retailers are charged to process card payments.
A recent NPP survey of retailers found that while card acceptance was vital for retailers, eight out of ten said that accepting cards as a method of payment was expensive....
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Team Pass
Get a Business Account for you and your team