Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-03-10-Speech-2-270-261"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2015-03-10"^^xsd:date2
dcterms:Is Part Of	lp_eu:Interchange fees for card-based payment transactions (A8-0022/2015 - Pablo Zalba Bidegain)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20150310.32.2-270-261"2
lpv:hasSubsequent	lp_eu:2015-03-10-Speech-2-270-2922
lpv:speaker	lp:Theresa Griffin2
lpv:spoken text	"I am very pleased to have voted for a cap on credit and debit card transaction fees, which will save British business an estimated GBP 480 million a year. For debit cards, this cap will be at 0.2 % of the overall value of the transaction, and for credit cards it will be 0.3 %. Currently British shopkeepers are having to pay up to six times that amount in order to process credit card transactions; the difference this will make is huge. In fact, the new rules are expected to benefit British business by a staggering GBP 480 million a year. Those savings will go directly to shopkeepers and retailers, who in turn can pass them on to consumers. The regulation contains several other measures designed to improve the functioning of this market as transparency requirements, and to strengthen consumer protection provisions. These provisions will bring down the cost of doing business, and make shoppersʼ lives clearer, fairer and cheaper."@en1
lpv:spokenAs	member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2014-07-14--2017-09-10)3 substitute; TRAN (2014-07-08--2017-01-18)3 member; ITRE (2014-07-01--2017-01-18)3
lpv:unclassifiedMetadata	"Theresa Griffin (S&D ),"1 "in writing. ‒"1

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