Cross-border payments in the European Union
The European single market for payments is based on the idea of providing safer and more innovative payment services across the EU. To this end, the European institutions are working on establishing rules and tools to make payment services easier and to foster competition. The aim is to guarantee common standards in all Member States, efficient, faster and diversified types of payment, and consumer protection. The EU has already put several legislative tools in place, has established common criteria and requirements, and provided alternatives (such as e-money) to 'traditional' payment channels. 'Payment services' mean those defined by the EU legislation in the field, and cover common tools and standards for cross-border payments (SEPA), and also e-money services. This Implementation Appraisal deals with cross-border payments and, more specifically, with Regulation (EC) No 924/2009 in the context of the planned European Commission review. Eight years after its entry into force, the Commission has announced its intention to extend its scope to non-euro currencies.
Briefing
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- ASUNTOS FINANCIEROS
- competencia institucional (UE)
- comunicación
- Derecho de la Unión Europea
- dinero electrónico
- economía monetaria
- EDUCACIÓN Y COMUNICACIÓN
- entidad de crédito
- flujo transfronterizo de datos
- gastos bancarios
- hacienda pública y política presupuestaria
- instituciones de la Unión Europea y función pública europea
- instituciones financieras y de crédito
- libre circulación de capitales
- pago intra-UE
- Reglamento CE
- Reglamento financiero
- transferencia
- transferencia de capitales
- UNIÓN EUROPEA