The European Credit Research Institute (ECRI)

Understanding credit markets for Europe

The European Credit Research Institute provides in-depth analysis and insight into the structure,
evolution and regulation of consumer financial services markets in Europe.

Read more

The European Credit Research Institute (ECRI)

Understanding credit markets for Europe

ECRI is an independent, non-profit research institute that develops its expertise from an
interdisciplinary team and networks of academic cooperation partners.

Read more

The European Credit Research Institute (ECRI)

Understanding credit markets for Europe

The European Credit Research Institute provides in-depth analysis and insight into the structure,
evolution and regulation of consumer financial services markets in Europe.

Read more

Research report

 

The impact of EU price rules: Interchange fee regulation in retail payments

This paper assesses the impact of the IFR. It concludes that the IFR has led to a drop in interchange fees – in some cases below the maximum defined in the legislation in all EU member states. 

The decrease in the interchange fee is largely reflected in lower charges for merchants, although the reduction is – at least partially – offset by higher scheme fees charged by international four-party card schemes and by higher fees for cardholders.

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