Sentence examples for cross-border fees from inspiring English sources

The company's cross-border fees were significantly higher in 2007.

Causes of price difference are cross-border fees for international transactions and currency exchange rates.

NEW YORK TIMES   MasterCard Fails to Overturn an Antitrust Decision  |  Europe's General Court upheld the decision by the European Commission that MasterCard's cross-border fees had violated antitrust rules, Bloomberg News reports.

Visa's European network is facing scrutiny from the European Union over antitrust issues concerning cross-border fees charged to banks by other banks.

The European Union's antitrust regulator is launching an investigation into Visa Europe, in its latest clampdown on the cross-border fees charged by banks to one another.

The cross-border fees, which currently range from 0.8% to 1.2% of the value of a transaction, are the highest in Europe and twice the fee that MasterCard charges in Australia.

The European Commission ruled in December 2007 that MasterCard's cross-border transaction fees broke European Union antitrust rules.

The investigation by the European Commission came six years after the regulator banned MasterCard, the world's second-largest credit and debit card network after Visa, from charging cross-border card fees in Europe.

Then came the big shock: any cross-border transfer fee, be the player in contract or out of it, hampered free movement, said the EU's commission.

Whether Ms. Reding, a conservative legislator from Luxembourg who authored the E.U.'s price limits on cross-border mobile roaming fees, and Ms. Kuneva, a Bulgarian lawyer who negotiated her country's admission into the E.U., could overcome the resistance expected from E.U. collection societies remained to be seen.

The European Union already regulates such fees on cross-border transactions.