[ParlTrack]

Proposal for a regulation
Article 4 – paragraph 1

1. With effect from two years after the entry into force of this Regulation, payment service providers shall not offer or request a per transaction interchange fee or other agreed remuneration with an equivalent object or effect of more than 0,2.7 % of the value of the transaction for any debit card based transactions.

2014/01/28
Committee: ECON

Danuta JAZŁOWIECKA

Proposal for a regulation
Article 4 – paragraph 2

2. With effect from two years after the entry into force of this Regulation, payment service providers shall not offer or request a per transaction interchange fee or other agreed remuneration with an equivalent object or effect of, on average, more than 0,3.7 % of the value of the transaction for any ~~cred~~debit card based transactions.

2014/01/28
Committee: ECON

Danuta JAZŁOWIECKA

Proposal for a regulation
Article 5 a (new)

Article 5 a Hidden interchange fees 1. Three party payment card schemes impose hidden interchange fees which should be subject to a cap in the same way as the open interchange fees referred to in Articles 3 and 4 are. 2. In order to ensure compliance with this requirement, three party payment card schemes shall keep separate accounts for business activities connected with consumer card acquiring and for business activities connected with consumer card issuing. This should be done in the same way as it would were these activities carried out by legally separate entities, enabling the identification of all cost and revenue elements – as well as the basis for their calculation and a detailed explanation of the methods used – related to the schemes’ issuing and acquiring activities, including a detailed breakdown of fixed assets and structural costs.

2014/01/28
Committee: ECON

Danuta JAZŁOWIECKA

Proposal for a regulation
Article 10

Article 10 Honour All Card rules 1. Payment schemes and payment service providers shall not apply any rule that may oblige payees accepting cards and other payment instruments issued by one issuing payment service provider within the framework of a payment instruments scheme to also accept other payment instruments of the same brand and/or category issued by other issuing payment service providers within the framework of the same scheme, except if they are subject to the same regulated interchange fee. 2. The restriction of Honour all card rules referred to in paragraph 1 is without prejudice to the possibility for payments schemes and payment service providers to provide that certain cards may not be refused on the basis of the identity of the issuing payment service provider or of the cardholder. 3. Merchants deciding not to accept all cards or other payment instruments of a payment card scheme shall inform consumers in a clear and unequivocal manner at the same time as they inform the consumer on the acceptance of other cards and payment instruments of the scheme. That information shall be displayed prominently at the entrance of the shop, at the till or on the website or other applicable electronic or mobile medium, and shall be provided to the payer in good time before he enters into a purchase agreement with the payee. 4. Issuing payment service providers shall ensure that their payment instruments are visibly and electronically identifiable, enabling payees to identify unequivocally which brands and categories of prepaid, debit, credit or commercial cards or card based payments based on these are chosen by the payer.Deleted

2014/01/28
Committee: ECON

4 Amendments of Danuta JAZŁOWIECKA related to 2013/0265(COD)

ParlTrack - 2011-2024