Visa and MasterCard interchange fees are anticompetitive, says Mauritian enforcer

Charley Connor

15 August 2019

Visa and MasterCard interchange fees are anticompetitive, says Mauritian enforcer

Credit: spawns/iStock

The Competition Commission of Mauritius has ordered Visa and MasterCard to cap their interchange fees after finding the credit card issuers abused their dominance by setting unreasonably high rates.