Why retailers may miss out on the benefits of interchange fee caps: CMSpi in A1 Retail

acombes_jpg1The recent introduction of interchange fee caps on card transactions has been welcomed by retailers, with CMSpi estimating that UK merchants could save up to £650 million per annum as a result. Yet despite the huge potential benefits on offer, there is the possibility that acquirers may withhold some of the savings, leaving retailers without their dues. In A1 Retail, Alistair Combes, Director of Knowledge at CMSpi, discusses who is at the greatest risk and what retailers can do to make sure the true extent of the savings created by the IFR makes it to their pockets.

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