11 Amendments of Burkhard BALZ related to 2013/0265(COD)
Amendment 44 #
Proposal for a regulation
Recital 17
Recital 17
(17) For domestic transactions, a transition period is necessary to provide payment services providers and schemes with time to adapt to the new requirements and to take account of the significant differences in payment habits in Member States. Therefore, after a twofive year period following the entry into force of this Regulation and in order to provide for a completion of an internal market for card- based payments, the caps on interchange fees for consumer card transactions should be extended to cover all, cross-border and domestic payments. The transitional period of five years should allow the interchange fees on domestic payments to converge from the current average in a Member State to the maximum cap.
Amendment 58 #
Proposal for a regulation
Recital 18
Recital 18
(18) In order to facilitate cross border acquiring, after an appropriate transitional period, all (cross-border and domestic) ‘consumer’ debit card transactions and card based payment transaction should have a maximum interchange fee of 0,20% and all (cross- border and domestic) consumer credit card transactions and card based payment transactions based on those should have a maximum interchange fee of 0.30%.
Amendment 84 #
Proposal for a regulation
Recital 33 a (new)
Recital 33 a (new)
(33a) The regulation of interchange fees is not applicable to three part schemes as payer and payee have the same payment service provider. Payment cards relying on four part schemes and payment cards relying on three part schemes are, however, perceived by consumers as substitutes and could be used for the same types of transactions. The Commission should therefore ensure that appropriate and comparable regulation for three party schemes is introduced in due time.
Amendment 132 #
Proposal for a regulation
Article 2 – paragraph 1 – point 8
Article 2 – paragraph 1 – point 8
(8) ‘cross-border payment transaction’ means a card payment or card-based payment transaction initiated by a payer or by a payee where the payer's payment service provider and the payee's payment service provider are established in different Member States or where the payment card is issued by an issuing payment service provider established in a different Member State than that of the point of sale;
Amendment 194 #
Proposal for a regulation
Article 4 – paragraph 1
Article 4 – paragraph 1
1. With effect from twofive 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 % of the value of the transaction for any debit card based transactions. The transitional period of five years shall be used to provide for a gradual reduction of the interchange fees, starting with the current average of interchange fees applied to debit card based transactions in a Member State and ensuring the compliance with the maximum cap of 0,2% after the expiry of the transitional period. The competent authorities concerned shall, in consultation with EBA, determine the current average of interchange fees applied to debit card based transactions and shall define the requirements for a gradual reduction within the transitional period.
Amendment 212 #
Proposal for a regulation
Article 4 – paragraph 2
Article 4 – paragraph 2
2. With effect from twofive 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 0,3 % of the value of the transaction for any credit card based transactions. The transitional period of five years shall be used to provide for a gradual reduction of the interchange fees, starting with the current average of interchange fees applied to credit card based transactions in a Member State and ensuring the compliance with the maximum cap of 0,3% after the expiry of the transitional period. The competent authorities concerned shall, in consultation with EBA, determine the current average of interchange fees applied to credit card based transactions and shall define the requirements for a gradual reduction within the transitional period.
Amendment 282 #
Proposal for a regulation
Article 10 – paragraph 1
Article 10 – paragraph 1
Amendment 287 #
Proposal for a regulation
Article 10 – paragraph 2
Article 10 – paragraph 2
Amendment 290 #
Proposal for a regulation
Article 10 – paragraph 3
Article 10 – paragraph 3
Amendment 308 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
Amendment 315 #
Proposal for a regulation
Article 16 – paragraph 1 a (new)
Article 16 – paragraph 1 a (new)
The assessment and report by the Commission shall, if appropriate, be followed by legislative measures that may include a revision of the maximum cap for interchange fees.