Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-395-750"

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"en.20121120.28.2-395-750"2
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"The integration of EU Member States is becoming increasingly well harmonised, but we need to look at the issues to be dealt with in order to achieve this objective even more fully. As part of this, we need to take account of the fact that the variety of payment instruments is constantly growing both at European and at global level. Because of this, and recognising how useful card, internet and mobile payments can be, the Commission has published a Green Paper on the obstacles which prevent these forms of payment from working in the European market, thus obstructing greater efficiency. The purpose of creating the Single European Payment Area (SEPA) was the integration of the card payment market to make cross-border payments as easy as national payments. The process required to achieve this appears to be rather lengthy. If integrated standards were developed with the requisite care, they could not only enhance the competitiveness of the card payment market but also improve the security of payments. In the light of what I have briefly explained, I voted in favour of the proposal."@en1

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