Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-242-375"
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"en.20120214.15.2-242-375"2
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"−
In principle I welcome the Commission proposal to create an internal market for euro payment services. Integrating the European payments market with the Single Euro Payments Area (SEPA) should bring benefits for the European economy by increasing competition and innovation. In addition, it will be just as easy to make cross-border payments as it is in the case of domestic ones. However, at the same time we need to ensure that the unconditional right to cancel direct debits is retained, in particular in view of the significant increase in cyber crime and the risk of personal data theft, including by means of phishing. Furthermore, we need longer transitional periods for older people. They would like to see the old systems being retained, because they are not as flexible as younger people. Payment service providers and, most importantly, the people making payments should have more time to adapt to the new technical requirements. As the rapporteur is of the opinion that the transitional periods should be as short as possible, I have abstained."@en1
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