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More Amex cards fall under EU fee cap, top EU court rules

By Lewis Crofts ( February 7, 2018, 09:29 GMT | Insight) -- American Express cards that use agent banks or branding partners are subject to an EU cap on interchange transaction fees, the bloc’s top court has ruled. The judgment is a victory for Mastercard and Visa, which compete with Amex but structure their payment systems differently.American Express cards that use agent banks or branding partners are subject to an EU cap on interchange transaction fees, the bloc’s top court has ruled....

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