Advocacy report on the market for payment acceptance services for foreign merchants

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On August, 2022, the Commission for the Defence of Free Competition of Indecopi approved the publication of the Report on the market for payment acceptance services to foreign merchants. This document contains a set of recommendations for VISA, Mastercard, acquirers and payment facilitators that provide payment acceptance services to global merchants not domiciled in Peru with the aim of promoting adequate competition conditions in this market and promoting a framework of understanding between card brands and national actors in the card payment system, as means to continue working on the development of payment services, financial inclusion, and the well-functioning of the market. The full report (in Spanish) can be consulted through the following link: