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Anthony Hynes Managing Director & CEO at eNett International

Why travel businesses need to be prepared for further PSD2 legislation

In January 2018, the process of surcharging – extra fees of up to 20% that businesses levied on card payments – was banned under the European Payment Services Directive (PSD2). The roll out of the new regulation has forced companies across all industries to absorb the additional cost from transactions or redirect the cost back to the consumer. Co...

05 March 2019 /payments /regulation