Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-04-Speech-3-407-500"

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"− I voted in favour of this report because access to basic payment services is one of the preconditions for consumers to benefit from the internal market, notably from freedom of movement, money transfer and the purchase of goods and services at reasonable transaction costs. Basic payment services are essential for consumers to reap the benefits of e-commerce. The annual opportunity cost of not having access to a payment account is estimated at between EUR 185 to EUR 365 per consumer. Access to basic payment services is, in particular, increasingly becoming a prerequisite for social inclusion in terms of access to employment, healthcare and housing. The Commission has estimated that currently around 30 million of the European Union’s adult population do not have a bank account, and that an estimated 6.4 million of them have been deprived of or do not dare ask for a bank account. Consumers throughout the Union should be guaranteed access to payment services and should be able to take full advantage of the internal market."@en1

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