Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-204-000"

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"Madam President, I fully agree with the Commission Green Paper for an integrated European market for card, internet and mobile payments. The paper aims to get more competition, more choice, more innovation and more payment security, as well as customer trust. However, customer trust is something that needs to be earned. Standardisation of the security of payments is a must. As common technical standards are developed, so too must common security payments be. Market-based self-regulation of security payments is an absolute non-runner and the Commission must legislate for this. The rapporteur also acknowledges the benefits of promoting and increasing card, internet and mobile payments in order to offer consumers and businesses an opportunity to have access to more convenient, more secure, faster, more variable, flexible and cost-effective payment methods, but we need legislation."@en1
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