Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-10-07-Speech-3-605-000"
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"en.20151007.28.3-605-000"2
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"Madam President, I welcome this report by my friend and colleague Antonio Tajani and I thank him for his good work, in particular in agreeing a text which, judging by comments and speeches from all sides of the House, will be met with approval tomorrow and voted on accordingly.
It is important that the single market for payment services is modernised and strengthened, and this will bring significant added benefits in encouraging innovation, increasing competition and improving security. By improving cross-border payments in terms of harmonising a fragmented market for card, online and mobile payments, we can significantly increase the opportunities for SMEs and new entrepreneurial start-up companies to succeed and compete in the single market. This is vital.
The proposal will widen consumer choice by ensuring that a payer using an online account has the right to use payment software devices provided by an authorised third party and have transactions executed on their behalf by the provider. It will also remove barriers to entry by reducing costs and moving us closer to a truly single market which we all hope for, and I think this will be a welcome step.
I also think it will be wonderful for SMEs who are the drivers of the economy, and I have spoken already this week on the importance of giving indigenous SMEs the best possible chance to reap the benefits of the European market. As has been mentioned already, it will help us on the economic recovery front and particularly in stimulating competition. Where Europe is concerned, we need to emphasise competitiveness so that businesses will want to locate here.
Finally, as rapporteur for the Data Protection Regulation for the Committee on Industry, Research and Energy, I welcome in particular some key points in this report recognising that the user’s personal data is transmitted through safe channels and that it is shared only with the user’s consent and to the minimum possible extent. This will help to allay the fears of many and will help the whole business to grow. So I think this is a wonderful development. Well done Mr Tajani and everybody involved."@en1
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