BusinessRetailers

BRC welcomes ‘much needed’ review into card-acquiring services

The British Retail Consortium (BRC) has welcomed news that the Payment Systems Regulator (PSR) will carry out a market review into card-acquiring services due to an “alarming increase in card fees and charges”.

Andrew Cregan, policy adviser at the BRC has welcomed the review, and said it comes at a time when the retail industry is facing “acute cost pressures”.

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