26 September 2016
Visit dh.com

EC to probe barriers to payments integration

06 January 2012  |  8800 views  |  4 EU building, Brussels

The European Commission will next week present a paper outlining obstacles hindering further integration in the European market for card, Internet and mobile payments and how these could be resolved.

The launch of the paper will kick-start a four-month long consultation process "to help identify the right way to improve market integration and ensure effective competition in mobile and electronic payment technologies".

The main issues identified in the paper and on which the Commission is seeking views are:
• Market access and entry for existing and new service providers
• Payment security and data protection
• Transparent and efficient pricing of payment services
• Technical standardisation
• Inter-operability between service providers.

The deadline for submitting contributions to the consultation will be 11 April 2012.

Comments: (4)

A Finextra member
A Finextra member | 10 January, 2012, 16:45

Does anyone know where the paper will be posted?

Thanks in advance!

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Matt White
Matt White - Finextra - Toronto | 10 January, 2012, 17:01

There will be a press conference tomorrow and the paper should then be posted on the EU Web site. We'll keep an eye out for it and post a link.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Elizabeth Lumley
Elizabeth Lumley - Rainmaking Innovation - London | 10 January, 2012, 17:04

This is the event URL, if this helps: http://europa.eu/eucalendar/event/id/295083-breaking-down-barriers-to-secure-and-innovative-card-internet-and-mobile-payments/mode/standalone

 

1 thumb up! 1 thumb up! (Log in to thumb up)
A Finextra member
A Finextra member | 11 January, 2012, 08:38

Many thanks for the update! Will keep an eye on it...

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

"There is no 'Sepa governance issue'" - EPC hits out at Brussel lobbyists

"There is no 'Sepa governance issue'" - EPC hits out at Brussel lobbyists

03 November 2011  |  7081 views  |  0 comments
Three approaches EC over exclusion from UK m-commerce JV

Three approaches EC over exclusion from UK m-commerce JV

08 September 2011  |  5527 views  |  0 comments
EU courts open hearing into MasterCard fees

EU courts open hearing into MasterCard fees

11 July 2011  |  7716 views  |  0 comments
EU banks ready to break Visa/MasterCard duopoly

EU banks ready to break Visa/MasterCard duopoly

15 June 2011  |  18398 views  |  2 comments
EPC warns Brussels to keep its nose out of payments business

EPC warns Brussels to keep its nose out of payments business

14 March 2011  |  12335 views  |  1 comments
EC launches public consultation on e-signatures

EC launches public consultation on e-signatures

18 February 2011  |  10648 views  |  0 comments
EC sets Sepa migration deadlines

EC sets Sepa migration deadlines

16 December 2010  |  15822 views  |  4 comments
EC pushes e-invoicing adoption

EC pushes e-invoicing adoption

02 December 2010  |  10766 views  |  0 comments
Sepa Council established to kickstart EU payments convergence

Sepa Council established to kickstart EU payments convergence

07 June 2010  |  12180 views  |  3 comments
European Commission moves closer to enforcing Sepa end-game

European Commission moves closer to enforcing Sepa end-game

01 October 2009  |  8369 views  |  2 comments
EC consults on Sepa migration deadline

EC consults on Sepa migration deadline

09 June 2009  |  9351 views  |  5 comments
EC hits Visa Europe with interchange antitrust charge

EC hits Visa Europe with interchange antitrust charge

06 April 2009  |  10097 views  |  0 comments
MasterCard re-introduces interchange fees for cross-border payments

MasterCard re-introduces interchange fees for cross-border payments

01 April 2009  |  11817 views  |  0 comments
EC sets out e-money legal framework

EC sets out e-money legal framework

13 October 2008  |  6761 views  |  0 comments
European Payment Council clears up Sepa for Cards confusion

European Payment Council clears up Sepa for Cards confusion

22 August 2008  |  13173 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit equens.comFind out moreVisit colt.net

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
12924 views comments | 49 tweets | 46 linkedin
Banks test blockchain for reference data managementBanks test blockchain for reference data m...
8460 views comments | 16 tweets | 27 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
7828 views comments | 32 tweets | 16 linkedin
Time has come to extract value from blockchain investment – new Finextra paperTime has come to extract value from blockc...
6865 views comments | 22 tweets | 16 linkedin
FCA to kickstart sandbox with 24 applicantsFCA to kickstart sandbox with 24 applicant...
6794 views comments | 33 tweets | 15 linkedin

Featured job

Find your next job