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Interchange Fees

While co-branded three-party credit card schemes typically become four-party cards for the purpose of interchange-fee caps under EU law, in cases where the co-brand has nothing to do with the financials the scheme remains a three-party credit card, the EU high court ruled Wednesday.

LUXEMBOURG – While co-branded three-party credit card schemes typically become four-party cards for the purpose of interchange-fee caps under EU law, in cases where the co-brand has nothing to do with the financials the scheme remains a three-party credit card, the EU high court ruled Wednesday.

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