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CMSPI Insights Report: Rising Card Scheme Fees in Denmark - The Call for Co-Badging

Denmark’s Dankort scheme is a lot like others in Europe: it typically offers a lower-cost option for accepting card payments, and it’s under threat.

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Over the last two decades, regulators across the globe have attempted to protect merchants from rising card fees.

In Denmark, this came in the form of price-setting restrictions on the domestic card scheme, Dankort, as well as the European Union’s 2015 Interchange Fee Regulation. Whilst the IFR represented a resounding victory for merchants, what followed has brought these gains into question.

CMSPI estimates that Dankort saves Danish merchants over €70 million annually. However, the scheme is now facing a number of threats – from mono-badging, to digital wallets. In this White Paper, we take a global perspective on the protection of domestic schemes to see which remedies are available to Danish merchants, and which pitfalls regulators must avoid to protect competition in the long-run.

Read the Insights Report Below