The Role and Regulation of Interchange Fees in European Payments Cards

By Global Economics Group on June 21, 2011

GlobalEcon experts participated in a conference entitled, “The Role and Regulation of Interchange Fees in European Payment Cards” held  on June 15, 2011 in Brussels.  David S. Evans explained that the purpose of the conference was to assess whether there is a problem with interchange fees, if so what that problem is, how the fees should be set under regulation, and what if any unintended consequences the regulation of fees would have that would be of concern.

Contributing Experts: David S. Evans, Richard Schmalensee, Abel Mateus, and Tim Attinger.

 

The Role and Regulation of Interchange Fees in European Payments Cards

 

Opening Remarks by David S. Evans

Video of Opening Remarks

Transcript of Opening Remarks

 

Interchange Fees: Efficient Pricing or Market Failure?

Video of Presentation

Interchange Fees, Market Failure, and Remedies by Richard Schmalensee, MIT

 

Impact of Changes in Interchange Fees on Consumers and Merchants

Video of Presentation – Includes Abel Mateus, New University of Lisbon

 

Payments Innovation, Investment, and Interchange Fees

Video of Presentation

Network Interchange, Innovation, and Entry: Tools to Drive Participation and Growth by Tim Attinger, Managing Director, MPD

The Impact of Drastic Reductions in Interchange Fees on Payments Innovation by David S. Evans, Global Economics Group and University College London