Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-393-871"

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"− Last January the European Commission published a Green Paper on an integrated European market for card, internet and mobile payments in which it identified several barriers preventing this market from working. In its follow-up to this Green Paper, the European Parliament has now tabled this own-initiative report, which generally agrees with the ideas put forward by the Commission. There are many advantages to creating a more integrated and efficient payments market, which will make payments more convenient, secure, and fast, and could generate direct/indirect benefits estimated at EUR 300 billion over the next 6 years. I therefore would like to highlight the proposals in the Green Paper aimed at enhancing the integration of markets and stimulating competitiveness between the payment schemes. I voted in favour of the report that was adopted today and I would like to emphasise how crucial it is that we reinforce the Single Euro Payments Area (SEPA) and the need to improve its governance (and therefore the importance of the forthcoming revision of the Payment Services Directive). However, like the rapporteur, I think we should concentrate at this stage mainly on card payments and the following aspects: standardisation, cross-border purchases, multilateral interchange fees (MIFs), co-badging, surcharges and the security of payments."@en1

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