CIRCABC - Card, internet and mobile payments. Electronic-payment-and-trends-in-europe.pdf. Single Euro Payments Area. The Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union for simplification of bank transfers denominated in euro.
As of February 2014[update], SEPA consists of the 28 EU member states, the four members of the EFTA (Iceland, Liechtenstein, Norway and Switzerland), Monaco and San Marino.[2] Goals[edit] Cardpaymineu_renfoconsepaforcards201404en.pdf. Cantor: Credit Card Interchange Fee System Harms All Consumers. Payment systems. Europe needs an innovative payment system if merchants and consumers are to benefit from new technologies.
Payment technologies are in a period of rapid change and European commerce needs new business models which reflect this innovation. The Single Euro Payments Area (SEPA) should lead to transparent, competitive and innovative payment solutions and end users must fully participate in their design. Because they have to accept a variety of payment means, merchants should only pay for the services they choose. The multilateral interchange fee (MIF) model distorts competition in the payment market in a way which inhibits innovation and prevents new players from entering the market. Card, internet and mobile payments. Cookies This site uses cookies to offer you a better browsing experience.
Find out more on how we use cookies and how you can change your settings. Finance. Other SEPA Information - European Commission Payment Systems Market Expert Group (PSMEG) List of Members. Résultats Google Recherche d'images correspondant à.