IIRC the (proposed? is it in place yet?) EU cap is 0.2% for debit cards and 0.3%... | Hacker News

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mfontani on Feb 17, 2021 | parent | context | favorite | on: Epic Games steps up Apple fight with EU antitrust ...

IIRC the (proposed? is it in place yet?) EU cap is 0.2% for debit cards and 0.3% for credit cards.

the_duke on Feb 17, 2021 [–]

I checked and you are right, it's 0.3% for CC, 0.2 for debit.

But yes, the regulation came into effect partially in 2015 and fully in 2016.

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:...

It's quite noticeable: all the CC related reward programs have disappeared.

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