Ecommerce Europe published a new position paper on the rise of payment costs 

Payments are the backbone of Hashtag#ecommerce, but rising costs are placing a heavy burden on merchants, especially Hashtag#SMEs. In our latest position paper, we highlight key challenges:

🔹 Dominance of international card schemes in the EU payment market 💳
🔹 Opaque pricing structures hurting transparency 🔍
🔹 Limited impact of the Interchange Fee Regulation (IFR) ⚖️
🔹 Unregulated IFR exemptions driving up costs 📈

We call for a reopening of Hashtag#IFR, urgent action against dominant practices, increased Hashtag#competition, stronger European oversight, and greater Hashtag#transparency to create a fairer EU payment ecosystem for merchants and consumers.