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UK probes Mastercard, Visa, PayPal over suspected anti-competitive conduct

Wed, 06th May 2026 13:40

LONDON, ​May 6 (Reuters) - Britain's Financial ​Conduct Authority (FCA) ‌said on Wednesday ⁠it was ⁠investigating Mastercard, PayPal ​and Visa for suspected anti-competitive conduct linked to ​the ‌funding and usage of PayPal's digital wallet.

The FCA ​said in a ‌brief statement that it had ‌reached no conclusions nor made any findings about ​whether competition law had been ‌broken.

Representatives for Mastercard, PayPal and Visa ⁠were ⁠not immediately available ‌for comment.

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