How COVID-19 is shaping the way we shop
This means that when there are changes to the interchange fees, Adyen passes the savings directly to its customers.
The Interchange+ approach has two key benefits:
In Q2 2014, there were a number of changes to Visa and MasterCard interchange fees across Europe, which occurred due to extensive lobbying by the EU with the Card Schemes to reduce fees for merchants.
If you would like a better understanding on how these amendments impact the interchange fees for your business, please contact your Adyen Account Manager.
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