MPs have decided to declassify the commission of Visa and MasterCard

The Federal Antimonopoly Service (FAS) in the coming days could start checking Visa and MasterCard for competitive commissions for the service of plastic cards. About this newspaper writes RBC daily on Friday, May 13. The newspaper quotes the draft of the parliamentary inquiry on behalf of the Speaker Boris Gryzlov: "... The conditions for providing services to major international payment systems offered by almost all banks are inaccessible to familiarize themselves with these terms and conditions of the general public. Relatively high cost of services provided by major international payment systems, and the opacity of their activities are negative factors ... "As the newspaper notes, the deputies concerned about how competitive is the size of commissions IPU, which accounts for citizens to pay when withdrawing cash from ATMs, as well as fees, which pay retailers payment systems for the service cards. MPs query addressed to Igor Artemyev, has already endorsed the State Duma Committee on Financial Markets. The next week it will be discussed at parliamentary hearings, and then with high probability it can be argued that it falls into the FAS. Chairman of the Duma Committee on Financial Markets, Vladislav Reznik told RBC daily, that they are interested in not only international but also the Russian system. "I have enough information about the tariffs (payment systems), I just want to understand this", - said Vladislav Reznik. "We will consider any request that goes to the FAS," - said Deputy Head of FAS edition Andrew Kashevarov. As noted by RBC daily, until today the international payment system in Russia does not officially disclose their commissions that they set for banks and retail outlets. Also, the system received and abroad, before the went public. Now after the IPO committee of Visa and MasterCard had to disclose, and subsequently pay for their regular promotion. The fact that retailers Kroger, Albertson's, Eckerd, Safeway, Walgreen filed several lawsuits to Visa and MasterCard, accusing them of conspiracy and setting high prices for the services of banking cards. After numerous trials retailers won courts, and Visa to MasterCard had to make multibillion-dollar payments, and lower commissions. RBC daily, does not exclude that a similar story with the payment systems could be repeated in Russia.