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For example, on January 4, 2007, the Polish Office of Competitors and Shopper Safety fined twenty banks a total of PLN 164 million (about $56 million) for jointly setting Mastercard's and Visa's interchange
fees. In 2015, the Australian Federal Courtroom ordered Visa to pay a pecuniary penalty of $20 million (together with legal charges) for participating in anti-aggressive conduct against dynamic foreign money conversion operators,
in proceedings brought by the Australian Competitors and Consumer Commission. On March 26,
2008, the European Fee opened an investigation into Visa's multilateral interchange charges for cross-border
transactions within the EEA in addition to into the "Honor All Cards" rule (under which merchants are required to just accept all legitimate Visa-branded playing cards).
A Visa-branded debit card issued worldwide because the 1990s.
Its distinguishing function is that it does not enable "card not present" transactions whereas its ground restrict is about
to zero, which triggers automatic authorisation of every transaction with the issuing bank and successfully makes it impossible for the consumer to overdraw
the account.