Retailers sue MasterCard for tens of millions

It is hardly news that retailers have been at loggerheads with the banks and card schemes over the fees that they charge for customers’ card transactions. It continues to be a more than fractious relationship. Banks and retailers: hardly the best of mates  After the EU judged in 2007 that MasterCard had violated antitrust rules…

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Banks squeeze retailers on card fees – yet again

More than ever before retailers are being taken to the cleaners by the banks and card schemes. It’s always been the case but today it is fair to say that all the banks are at it, along with the card issuers. It might well be. Their appetite for seeking out new ways to line their…

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Innovative ways to cut bank charges

There is an excellent restaurant in North London called Mosaica at the Chololate Factory run by the entrepreneurial Johnnie Mountain who does the odd bit of telly work so you might have seen is face on Great British Menu etcetera. What you won’t have seen though is the innovative initiative he has introduced at his restaurant to cut…

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