- It provides the legal foundation for the further development of a better integrated internal market for electronic payments within the EU.
- It puts in place comprehensive rules for payment services*, with the goal of making international payments (within the EU) as easy, efficient and secure as payments within a single country.
- It seeks to open up payment markets to new entrants leading to more competition, greater choice and better prices for consumers.
- It also provides the necessary legal platform for the Single Euro Payments Area (SEPA).
Friday, January 12, 2018
Revised rules for payment services in the EU
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