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Danish recurring-payments market to face measures to boost competition

( October 12, 2020, 13:45 GMT | Official Statement) -- MLex Summary: The Danish market for recurring payments is facing initiatives and recommendations from the national antitrust watchdog, aimed at boosting competition. The authority has analyzed relevant payment solutions including prices, product features and market penetration. Its recommendations include reviewing the potential for a lower cap on interchange fees for card payments. Banks’ costs in relation to Betalingsservice will come under investigation, the regulator said.Press release follows....

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