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Historic reasons and federal price control. MasterCard wanted to introduce interchange a couple of years ago but the government said no. The MasterCard market s
by needusername 11y ago
Historic reasons and federal price control. MasterCard wanted to introduce interchange a couple of years ago but the government said no. The MasterCard market share is high enough so that antitrust laws apply. There is still a market development fee on it but no interchange.
It is may understanding that the EU views interchange as illegal but instead of outlawing it decided to curb it at 0.3%.