“This invention relates to payment processing. More specifically, it relates to providing an intermediary between a payor and payee that makes payments to payee using a virtual payment card account.

The UK Payment Systems Regulator (PSR) has published consultation paper MR22/2.8 on a methodology for developing a price cap on multilateral interchange fees (MIFs) for UK-EEA card-not-present (CNP) ...

On 13 December 2024, the UK's Payment Services Regulator (PSR) published its Market review of UK-EEA consumer cross-border interchange fees final report (MR22/2.7) and Market review of UK-EEA consumer ...

In this paper we show the notional development of the level of the multilateral interchange fee (MIF) for debit card payments, based on the Tourist Test methodology. The attraction of this methodology ...