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Here’s the full timeline: 1. VISA and Mastercard exploited their incredible duopoly by charging up to 1.5% in the EU in interchange charges. Here’s the EU draft at that time https://ec.europa.eu/competition/publications/factsheet_interchange_fees_en.pdf. 2. The EU tackled this is anti-trust...

Just covered by a city finance expert on LBC. Here's the difinitive information: - Visa have increased their charges to Amazon from 0.3% to 1.5%. A price rise of 400%. - Using the opportunity of our departure from the EU to do so, no longer governed by a regulation. - Visa's annual profits...