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2019-01-23 09:30:05

Mastercard fined $640M for cross-border-payment violation; cryptocurrency proponents pushback

Mastercard has been slapped with a €570 million [$650 million] fine by the European Commission for violating a European Union [EU] cross-border payments law. The violation stems from the financial company charging artificial fees on their merchants, as indicated by an EC press release dated 22 January 2019. This landmark antitrust ruling was announced after a […]The post Mastercard fined $640M for cross-border-payment violation; cryptocurrency proponents pushback appeared first on AMBCrypto.