Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-19-Speech-1-128-000"
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"en.20121119.21.1-128-000"2
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"Mr President, the European payments market needs to function as efficiently and accurately as possible. It is still far from reaching its maximum potential, and there are still obstacles that need to be removed. Card, internet or mobile payment can offer consumers a number of advantages. They benefit from faster, more flexible and convenient payment systems. There are still big differences in paying by card from one Member State to another, and markets remain fragmented.
The Single Euro Payments Area will eliminate the existing discrepancies. It will help transform the market, making it more innovative and competitive. Yet the question remains: how secure are these systems in countries with no previous experience of them and where the risk of fraud persists? I think that a high level of security needs to be ensured, as a guarantee against the risk of fraud."@en1
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