Mastercard Faces Dual Regulatory Pressure in US and UK Over Card Fees

Mastercard confronts significant regulatory challenges across both the U.S. and the U.K.

In the U.S., the stock has been drawn into policy debates after former President Donald Trump backed the Credit Card Competition Act (CCCA). Trump also supported a potential cap on credit card interest rates. These measures aim to lower merchant fees and consumer costs, creating uncertainty around the economics of card networks. This uncertainty reportedly contributed to a stock price decline.

Simultaneously, Mastercard, alongside Visa and Revolut, lost a legal challenge in the U.K. The suit opposed the Payment Systems Regulator’s (PSR) plan to introduce a cap on cross-border card fees.

This ruling concerns fees charged when European consumers purchase from U.K. businesses. The decision poses a direct threat to a key revenue stream in the region.