# UK payments watchdog proposes cap on interchange fees

**URL:** <https://community.monzo.com/t/uk-payments-watchdog-proposes-cap-on-interchange-fees/157391>\
**Category:** Financial Chat\
**Created:** [13 December 2023 13:58 UTC](https://community.monzo.com/t/uk-payments-watchdog-proposes-cap-on-interchange-fees/157391 "2023-12-13T13:58:19Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![gt94sss2](https://avatars.discourse-cdn.com/v4/letter/g/ee7513/32.png) [@gt94sss2](https://community.monzo.com/u/gt94sss2)\
**Post date:** [13 December 2023 13:58 UTC](https://community.monzo.com/t/uk-payments-watchdog-proposes-cap-on-interchange-fees/157391/1 "2023-12-13T13:58:19Z")

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> **[UK payments watchdog proposes cap on interchange fees](https://www.finextra.com/newsarticle/43428/uk-payments-watchdog-proposes-cap-on-interchange-fees)**
>
> The Payment Systems Regulator is propsing to cap cross-border interchange fees on credit and debit cards to protect UK businesses from rising costs.