Opinion on Merchant Acquiring

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Expert View
Expert View

UKCA proposals for government regulation will improve transparency but more must be done

The UK Card Association has submitted proposals to the government for the forthcoming regulation of the card industry. These proposals aim to protect competition in the market and ensure that issuers can lend reasonably. While the proposals should lead to more transparency in the market, the introduction of fees and ever higher APRs becomes inevitable.

Published By Datamonitor
22 Jan 2010

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