Mastercard to Increase Fees for UK Purchases from EU

"The fall-out from Brexit is beginning to filter through to every day lives. Now Mastercard is set to increase charges to merchants, five fold, when UK users make purchases from the European Union."

https://www.thelondoneconomic.com/business-economics/business/brexit-reactions-as-mastercard-to-increase-fees-for-uk-purchases-from-eu/25/01/

An interesting development that I hope LayBuy will be looking to exploit. I find it very interesting that credit card companies are looking to increase fees as disruptors and competition really start to ramp up. If BNPL companies can start eating into cross-border markets, it will seriously start to hurt these companies who make a killing on FX and charges.