Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-393-500"
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"en.20121120.28.2-393-500"2
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"The variety of payment instruments is constantly growing at both European and global level. While new ways of using card and mobile payments seem to emerge fast, even the card payment market is still far away from its full potential. I agree with the rapporteur that there are benefits to promoting and increasing card, internet and mobile payments in order to offer consumers and businesses an opportunity to have access to more secure, fast, flexible and cost-effective payment methods. However, the card, internet and mobile payment markets are still fragmented in the EU and there are significant differences regarding the use of card payments between the Member States. I think that common standards for payments, if properly developed and implemented, could not only enhance the competitiveness of the card payment market but also improve the security of payments. While I agree with the Commission’s general objective of developing common standards for the Member States, I would draw its attention to the practical difficulties of shortening the life cycle of current national and regional standards for card payments and suggest the adoption of targeted actions aimed at achieving this."@en1
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