Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-395-625"

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"en.20121120.28.2-395-625"2
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"This report puts forward measures that everything indicates would benefit the functioning of the integrated European market for card, internet and mobile payments. The various barriers preventing the European payments market from working as efficiently, openly and in as integrated a way as possible were identified in the Green Paper on an integrated European market for card, internet and mobile payments. This study concludes that the benefits of setting up a more integrated payments market are enormous. It would enable a market to be created with more convenient, secure, fast and effective payments and would generate direct and indirect benefits estimated at EUR 300 billion over the next 6 years. As this market is still significantly fragmented in the European Union, the European Commission has proposed creating a Single Euro Payments Area (SEPA) which, by establishing common rules in the various Member States, will enable the gaps between domestic and cross-border payments to be removed. I voted in favour of this report as I agree with these measures."@en1

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