UK's FCA opens probe into Mastercard, Visa and PayPal over suspected anti-competitive conduct

Published: 2026-05-06 08:30:51 ET PYPL

Published on 05/06/2026 at 08:30 am EDT

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

(Reporting by Sam Tabahriti, writing by Sam Tobin, editing by William James)