Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees
The financial world thrives on constant evolution, yet the dominance of Mastercard and Visa in processing card transactions in the UK has felt stubbornly entrenched. Now, a shift is underway. The Payment Systems Regulator (PSR) has stepped in, wielding a magnifying glass, to scrutinize the fees these giants charge and explore the possibility of a…