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Press releases 2007 -

Statement regarding expansion of OFT investigation into interchange fees

20/07    9 February 2007

The OFT has today decided to expand the scope of its investigation into interchange fees to include immediate debit cards. This follows on from the OFT's current investigation into MasterCard and Visa's current UK interchange fee arrangements relating to consumer and commercial credit cards, charge cards and deferred debit cards.

The expansion of this investigation is consistent with the scope of the European Commission's current investigation into MasterCard's European intra-regional interchange fees. In conducting the new investigation the OFT will seek information from card issuers and other parties as it considers appropriate.




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