EU regulators will next month accept Visa Europe's pledge to cut its debit card fees and drop antitrust charges that could have brought a fine to the payments network, two sources familiar with the case said on Thursday.
The European Commission's decision follows a market test on Visa Europe's proposals in May. The EU watchdog had charged the credit and debit card network in 2009 for blocking competition with its debit fees. The Commission was expected to announce its decision on December 8, one of the sources said.