( April 8, 2025, 10:41 GMT | Official Statement) -- MLex Summary: International Card Services, a Dutch payment-card issuer, wrongly classified its ICS Go Card as a credit card, the Autoriteit Consument & Markt said today. This classification caused too-high interchange fees to be charged, the ACM said. ICS has committed to refund excess interchange fees to banks and to remove the ICS Go Card from the market. In addition, the company will take compliance measures to avoid such situations in the future, the authority said.Statement follows. ...
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