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1082273
star this property registered interest false more like this
star this property date less than 2019-03-05more like thismore than 2019-03-05
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Bank Cards: Fees and Charges more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what assessment he has made of the comparative merits of flat rate Interchange Fees as opposed to fees proportional to the value of the transaction; and whether his Department plans to exercise section 7 of the Interchange Fee (Amendment) (EU Exit) Regulations 2018 to decrease the per transaction interchange fee. more like this
star this property tabling member constituency Windsor more like this
star this property tabling member printed
Adam Afriyie more like this
star this property uin 228625 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-03-11more like thismore than 2019-03-11
star this property answer text <p>The Government is open to hearing views on this issue, and digital payments more broadly, as evidenced by its call for evidence on cash and digital payments in the new economy. Amongst other things, this explored how the Government can best support digital payments. The Government will formally respond to the call for evidence in due course.</p><p> </p><p>The European Commission is in the process of reviewing the effectiveness of the Interchange Fee Regulation as part of its usual process. The Payment Systems Regulator, who is the UK’s lead competent authority for the Interchange Fee Regulation, is also conducting a review into the supply of card-acquiring services. Amongst other things, this review will examine the fees merchants pay for these services. The Government has therefore not made a formal assessment of the Interchange Fee Regulation.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
remove filter
star this property answering member
4051
star this property label Biography information for John Glen more like this
unstar this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this