Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-19-Speech-1-129-000"
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"en.20121119.21.1-129-000"2
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"Mr President, the development and large-scale use of card, internet and mobile payment will enable e-commerce to develop in Europe. To facilitate cross-border e-commerce and to guarantee a true digital economy, it is essential to develop transparent, secure and effective payment systems on the European digital market.
Standardisation and interoperability requirements should focus on improving the competitiveness, transparency, innovativeness, payment security and efficiency of the European payments market. I consider that more transparency is needed, together with better information for consumers about the surcharges and supplementary fees that apply to the various payment methods, given that sellers often include the transaction costs in the price of their products and services, so that consumers are not informed appropriately in advance about the total cost.
According to the judgment of the European Court of Justice of 24 May 2012, multilateral interchange fees can be considered to be anti-competitive. How does the Commission intend to implement this judgment?"@en1
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