{"change_dates":[],"dossier":{"amendments":[{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-1","location":[["Motion for a resolution","Citation 8 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:14"},"new":["- having regard to the European Data","Protection Supervisor's (EDPS) response","of 11 April 2012 to the Commission public","consultation on the Green Paper","\"Towards an integrated European market","for card, internet and mobile payments\"1;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"1","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-2","location":[["Motion for a resolution","Recital A"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:14"},"new":["A. whereas the European market for card,","internet and mobile payments is","fragmented across national borders and","only a few big players are able to get","acceptance by merchants and to operate","on a cross-border basis;"],"old":["A. whereas the European market for card,","internet and mobile payments is","fragmented across national borders and","only a few big players are able to operate","on a cross-border basis;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"2","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-3","location":[["Motion for a resolution","Recital A "]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:15"},"new":["A. whereas the European market for card,","internet and mobile payments is at present","still fragmented across national borders and","only a few big players are able to operate","on a cross-border basis;"],"old":["A. whereas the European market for card,","internet and mobile payments is","fragmented across national borders and","only a few big players are able to operate","on a cross-border basis;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"3","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-4","location":[[" Motion for a resolution","Recital A a (new)"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:15"},"new":["Aa. whereas the dominant position of two","non-European card payment service","providers can lead to excessive and","unjustified fees for both consumers and","merchants, in which their respective","banks (the so called issuing and acquiring","banks) take advantage of this situation, as","stated by the Commission in the Green","Paper."],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"4","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Claudio Morganti","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-5","location":[[" Motion for a resolution","Recital B"]],"meps":[97280],"meta":{"created":"2019-07-03T05:18:15"},"new":["B. whereas the development and wider use","of card, internet and mobile payments may","also help e-commerce in Europe to grow in","size and in diversity, although this should","not necessarily generate additional profits","for banking institutions and mobile","network operators;"],"old":["B. whereas the development and wider use","of card, internet and mobile payments may","also help e-commerce in Europe to grow in","size and in diversity;",""],"orig_lang":"it","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"5","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-6","location":[["Motion for a resolution","Recital C a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:15"},"new":["Ca. whereas self-regulation of the","payment market dominated by the","banking industry has led to a","marginalisation of user interests in","decision-making processes;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"6","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-7","location":[["Motion for a resolution","Recital C a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:15"},"new":["Ca. whereas due to technical progress","cards payment systems may progressively","be replaced by other electronic and mobile","means of payment;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"7","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-8","location":[[" Motion for a resolution","Recital D"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:15"},"new":["D. whereas the Green Paper does not tackle","the costs and societal benefits of cash","payments in comparison with card, internet","and mobile payments, thus preventing an","analysis of the economic and welfare costs","and societal benefits of payments by cash;"],"old":["D. whereas the Green Paper does not tackle","the cost of cash payments in comparison","with card, internet and mobile payments,","thus preventing an analysis of the","economic and welfare cost of payments by","cash;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"8","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-9","location":[[" Motion for a resolution","Recital D"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:15"},"new":["D. whereas the Green Paper does not tackle","the cost of cash payments in comparison","with card, internet and mobile payments,","thus preventing a comparative analysis of","the economic and welfare cost of","payments;"],"old":["D. whereas the Green Paper does not tackle","the cost of cash payments in comparison","with card, internet and mobile payments,","thus preventing an analysis of the","economic and welfare cost of payments by","cash;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"9","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-10","location":[[" Motion for a resolution","Recital D"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:15"},"new":["D. whereas the Green Paper does not tackle","the cost of cash or cheque payments in","comparison with card, internet and mobile","payments, thus preventing an analysis of","the economic and welfare cost of payments","by cash or cheque;"],"old":["D. whereas the Green Paper does not tackle","the cost of cash payments in comparison","with card, internet and mobile payments,","thus preventing an analysis of the","economic and welfare cost of payments by","","cash;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"10","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-11","location":[["Motion for a resolution","Recital D a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:15"},"new":["Da. whereas the current business model","for card payments and the level of MIFs","constitute a major barrier for market","access and increased competition in the","payments market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"11","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-12","location":[["Motion for a resolution","Recital D a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:15"},"new":["Da. whereas the current business model","for card payments allows sometimes","excessive levels of MIFs, which constitute","a barrier for competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"12","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-13","location":[["Motion for a resolution","Recital D a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:16"},"new":["Da. whereas the current level of MIFs","seems to exceed the actual cost of","financing the system and constitutes a","major barrier for competition in","payments' market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"13","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-14","location":[[" Motion for a resolution","Recital E"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:16"},"new":["E. whereas cross-border acquiring is an","option currently open only to a limited","number of players, and whereas this","arrangement could expand the choices the","merchant can make and thus increase","competition and reduce costs for","consumers"],"old":["E. whereas cross-border acquiring is an","option currently open only to a limited","number of players, and whereas this","arrangement could expand the choices the","merchant can make and thus let the market","freely evolve;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"14","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-15","location":[[" Motion for a resolution","Recital F"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["F. whereas surcharges for the use of card","payments are not allowed in some Member","States but widely in use in some others and","excessive surcharges have been to the","detriment of consumers;"],"old":["F. whereas surcharges for the use of card","payments are not allowed in some Member","States but widely in use in some others;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"15","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-16","location":[["Motion for a resolution","Recital F a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["Fa. whereas the SEPA Cards Framework","requires customers to be able \"to use","general purpose cards to make payments","and cash withdrawals in euro throughout","the SEPA area with the same ease and","convenience than they do in their home","country. There should be no differences","whether they use their card(s) in their","home country or somewhere else within","SEPA. No general purpose card scheme","designed exclusively for use in a single","country, as well as no card scheme","designed exclusively for cross-border use","within SEPA, should exist any longer.\""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"16","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-17","location":[["Motion for a resolution","Recital F a (new)"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:16"},"new":["Fa. whereas successful SEPA migration","can be expected to give an impetus to the","development of innovative pan-European","means of payment;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"17","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-18","location":[[" Motion for a resolution","Recital F a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:16"},"new":["Fa. whereas payment providers often do","not provide alternative payment methods","to the ones with surcharges and therefore","harm consumers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"18","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-19","location":[[" Motion for a resolution","Recital F a (new)"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:16"},"new":["Fa. whereas in practice surcharges and","rebates have been to the detriment of","consumers with no benefits for them;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"19","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-20","location":[[" Motion for a resolution","Paragraph -1 (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["-1. Commends the Commission for","providing the Green Paper and finds the","considerations and questions posed","therein to be highly relevant and fully","agrees with the listed aims to get more","competition, more choice, more","innovation and more payment security as","well as customer trust;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"20","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-21","location":[["Motion for a resolution","Paragraph -1 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["-1a. Agrees with the Commission that it is","necessary to distinguish between three","different product markets in the sphere of","four-party bank card systems: first of all a","market in which the various card systems","compete to get financial institutions as","their issuing or acquiring customers; then","a first 'downstream' market, in which the","issuing banks compete for the business of","the bank card holders ('the issuing","market'); lastly a second 'downstream'","market, in which the acquiring banks","compete for the merchants' business ('the","acquiring market') and considers that free","competition should be enhanced at every","market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"21","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-22","location":[["Motion for a resolution","Paragraph -1 b (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["-1b. Notes the importance of market-","based self-regulation in cooperation","among all stakeholders, but recognizes","that self-regulation may not achieve","desired outcomes in an acceptable","timeframe due to conflicting interests;","expects the Commission to come forward","with necessary legislative proposals in","order to help ensure a true SEPA for","card, internet and mobile payments and","notes in this respect the importance of the","forthcoming review of the Payment","Services Directive;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"22","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-23","location":[[" Motion for a resolution","Paragraph -1 c (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:16"},"new":["-1c. Underlines the need for a clear and","comprehensive vision of a SEPA for","cards, internet and mobile payments and","provision of necessary guidelines and","timelines to reach the basic goal that there","should not be any difference between","cross-border and national payments;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"23","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-24","location":[[" Motion for a resolution","Paragraph -1 d (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1d. Underlines the need to advance","towards a real-time clearing and","settlement system, which technically is","already within reach and used for some","payments, and stresses that moving to a","real-time economy should be an important","goal SEPA-wide and that an advanced","real-time interbank system would need to","have SEPA-wide reachability;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"24","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-25","location":[["Motion for a resolution","Paragraph -1 e (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1e. Is therefore of the opinion that all","national card, mobile and internet","payment schemes should join or turn","themselves into a Pan-European SEPA-","compliant scheme so that all card and","mobile and internet payments would be","accepted everywhere in the SEPA and","that a necessary period should be","suggested by the Commission for this","transition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"25","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-26","location":[["Motion for a resolution","Paragraph -1 f (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1f. Believes that all card schemes","whether four party, three party or mixed","schemes and any new market entrants","should be treated equally in order to","ensure a level playing field also when all","acquirers should need to accept all cards;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"26","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-27","location":[[" Motion for a resolution","Paragraph -1 g (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1g. Notes that all terminals should be","able to accept all cards and fulfil","interoperability requirements and","therefore any technical barriers resulting","from differences in the functionality and","certification requirements for terminals","should be removed as common standards","and rules and standardised terminal","software would increase competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"27","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-28","location":[[" Motion for a resolution","Paragraph -1 (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1. Believes that a self-regulatory","approach for the integrated European","market for payments is not sufficient;","calls on the Commission to take legislative","action to ensure payment security, fair","competition, financial inclusion,","protection of personal data and","transparency for consumers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"28","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout","changes":{},"committee":["ECON"],"compromise":["on behalf of the Verts/ALE Group"],"date":"2012-07-12T00:00:00","id":"PE492.906-29","location":[["Motion for a resolution","Paragraph -1 a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:17"},"new":["-1a. Calls on the Commission to reform","the SEPA governance to ensure that","decision-making process is democratic,","transparent and serving the public","interest. This requires a more active and","leading role of the Commission and the","ECB in the SEPA governance as well as","balanced representation of all relevant","stakeholders in all SEPA decision making","and implementing bodies, guaranteeing","sufficient involvement of end users;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"29","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-30","location":[["Motion for a resolution","Paragraph 1"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:17"},"new":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; considers that any","regulatory initiative in this field risks to be","characterised by an undue emphasis on","already existing payment instruments and","may thus deter innovation and distort the","market before it has developed; asks the","Commission to adopt a radically different","and appropriate approach to internet and","mobile payment methods in a future","proposal, if any;"],"old":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; asks the Commission to","adopt a radically different and appropriate","approach to these new payment methods in","any future proposal;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"30","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-31","location":[[" Motion for a resolution","Paragraph 1"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; asks the Commission to","adopt a radically different and appropriate","approach to these new payment methods in","any future proposal, and considers it","beneficial to harmonise certain new","developments from the start before too","much fragmentation is created;"],"old":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; asks the Commission to","adopt a radically different and appropriate","approach to these new payment methods in","any future proposal;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"31","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-32","location":[[" Motion for a resolution","Paragraph 1"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:17"},"new":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; asks the Commission to","adopt an appropriate approach to these","new payment methods in any future","proposal, ensuring high level consumer","protection, especially for vulnerable","consumers;"],"old":["1. Expresses concern at unduly tight","regulation of internet and mobile payment","markets at this stage because such payment","methods are still in the process of","development; asks the Commission to","adopt a radically different and appropriate","approach to these new payment methods in","any future proposal;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"32","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-33","location":[["Motion for a resolution","Paragraph 2"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:17"},"new":["2. Regrets that in the current situation","most payment costs are non-transparent","and those who do not use expensive","payment methods still cover their costs;","recalls that each payment method has its","costs for all participants in the payment","market and asks the Commission,","therefore, also to consider the cost of cash","and cheque payments compared to other","payment methods, including the","peculiarities and social benefits of cash,","and propose how less costly payment","methods could be advanced in relation to","the costlier ones;"],"old":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"33","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-34","location":[["Motion for a resolution","Paragraph 2"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:17"},"new":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods; asks the Commission also to","take into consideration the societal","impacts of different payment methods;","recalls that all Europeans should have an","access to basic banking services;"],"old":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"34","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-35","location":[[" Motion for a resolution","Paragraph 2"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:17"},"new":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost and","societal benefits of cash payments","compared to other payment methods;","believes that financial inclusion should be","one of the key objectives of any regulation","of the payment market."],"old":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"35","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-36","location":[[" Motion for a resolution","Paragraph 2"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:17"},"new":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments for all market players and","consumers compared to other payment","methods; including the peculiarities and","societal benefits of cash."],"old":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"36","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-37","location":[[" Motion for a resolution","Paragraph 2"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:18"},"new":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments for all market players","compared to other payment methods;"],"old":["2. Recalls that each payment method has","its costs; asks the Commission, therefore,","also to consider in the future the cost of","cash payments compared to other payment","methods;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"37","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-38","location":[["Motion for a resolution","Paragraph 3"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:18"},"new":["3. Believes that common technical","standards, on an open access basis, would","not only enhance the competitiveness of","the European economy and the functioning","of the internal market but would also foster","interoperability and bring security-related","advantages in the form of common security","standards, which would benefit both","consumers and merchants;"],"old":["3. Believes that common technical","standards would not only enhance the","competitiveness of the European economy","and the functioning of the internal market","but would also bring security-related","advantages in the form of common security","standards, which would benefit both","consumers and merchants;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"38","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Jean-Paul Gauz\u00e8s, Alfredo Pallone","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-39","location":[["Motion for a resolution","Paragraph 3"]],"meps":[28193,97197],"meta":{"created":"2019-07-03T05:18:18"},"new":["3. Believes that further work on common","technical standards could enhance the","competitiveness of the European economy","and the functioning of the internal market","but would also bring security-related","advantages in the form of common security","standards, which would benefit both","consumers and merchants;"],"old":["3. Believes that common technical","standards would not only enhance the","competitiveness of the European economy","and the functioning of the internal market","but would also bring security-related","","advantages in the form of common security","standards, which would benefit both","consumers and merchants;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"39","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-40","location":[[" Motion for a resolution","Paragraph 3 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:18"},"new":["3a. Notes that for internet and mobile","payments most standards should be the","same as for current SEPA-payments, but","new standards are needed for security and","identification of customers and to provide","interbank online real-time delivery and","underlines that developing new standards","is not enough, coordinated","implementation is at least as important;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"40","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-41","location":[[" Motion for a resolution","Paragraph 3 a (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:18"},"new":["3a. Stresses that actions towards common","technical standards shall be taken in the","light of the importance, effectiveness and","sufficiency of the standards currently in","place in Europe;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"41","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-42","location":[["Motion for a resolution","Paragraph 4"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:18"},"new":["4. Stresses that standardisation should not","impose barriers to competition and","innovation, but should instead remove","obstacles to ensure a level-playing field for","all parties; hence recommends that","standards must be open to allow for","innovation and competition in the market,","as mandating a single or closed standard","would limit market development and","innovation, impose a disproportionate","restriction, and would not be conducive to","a competitive level playing field;"],"old":["4. Stresses that standardisation should not","impose barriers to competition and","innovation, but should instead remove","obstacles to ensure a level-playing field for","all parties;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"42","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-43","location":[["Motion for a resolution","Paragraph 4"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:18"},"new":["4. Stresses that standardisation should not","impose barriers to competition and","innovation, but should instead remove","obstacles to ensure a level-playing field for","all parties; notes, however, the","Commission's antitrust investigation into","the standardization process for payments","over the internet (e-payments) undertaken","by the EPC;"],"old":["4. Stresses that standardisation should not","impose barriers to competition and","innovation, but should instead remove","obstacles to ensure a level-playing field for","all parties;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"43","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-44","location":[[" Motion for a resolution","Paragraph 4 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:18"},"new":["4a. Notes that basically all payment","transactions contain the same kind of","data and stresses that there should be safe","data communication for any payment","allowing straight-through end-to-end","real-time processing, and sees the","advantages of all systems using the same","message format, and reminds that the","most obvious choice is the one used for","credit transfer and direct debit as defined","in the Annex of the SEPA End-date","Regulation (i.e. ISO XML 20022) and","recommends that it should be used in all","transaction data communication from","terminal to customer carrying all relevant","information;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"44","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-45","location":[[" Motion for a resolution","Paragraph 4 b (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:18"},"new":["4b. Notes that ATM cash withdrawal fees","outside the PSUs own bank and card","scheme are often excessive in many","Member States and should be more cost-","based SEPA-wide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"45","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-46","location":[["Motion for a resolution","Paragraph 4 a (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:19"},"new":["4a. Underlines that, given the fast","growing but, at present, immature phase","of market development for electronic and","mobile payments, imposing mandatory","standards in these key areas for the","enhancement of the digital single market","in Europe would entail the risk of","negative effects for innovation,","competition and market growth;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"46","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-47","location":[["Motion for a resolution","Paragraph 4 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:19"},"new":["4a. Points out that according to the","Commission's feedback statement of the","public consultation on the Green Paper,","the implementation of the developed","standards often represents a major","challenge; calls on the Commission to","look into possibility of enforcement","mechanisms, such as setting of migration","end dates;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"47","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-48","location":[[" Motion for a resolution","Paragraph 4 b (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:19"},"new":["4b. Calls on the European Commission to","propose legislation on SEPA governance,","covering the main features of payment","services, legal aspects, including","consumer rights and competition rules,","while the development of technical and","security standards would be the tool to","support the implementation of the","legislation;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"48","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-49","location":[[" Motion for a resolution","Paragraph 5"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:19"},"new":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","urges the Commission to answer previous","calls of the European Parliament for","thorough reform of SEPA governance so","as to ensure better representation of","payment services users in decision-","making and standard-setting process;","recalls the Commission's commitment in","the declaration on SEPA governance to","the Regulation (EU) No 260/2012, to","come up with proposal before the end of","2012;"],"old":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields,","non-banking payment service providers","and representatives of mobile, internet","and card payment providers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"49","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-50","location":[["Motion for a resolution","Paragraph 5"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:19"},"new":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, merchant","organisations and large retail chains, the","European Banking Authority, the","Commission, experts in various fields, non-","banking payment service providers and","mobile, internet and card commerce, and","they should arrange their work under new","governance structure where the SEPA","Council has a strong coordinating role;"],"old":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers and","representatives of mobile, internet and","card payment providers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"50","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-51","location":[["Motion for a resolution","Paragraph 5"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:19"},"new":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers and","representatives of mobile, internet and card","payment providers; considers that the","SEPA Council should be the key player in","defining the framework and future","guidelines for a more integrated market","on card, internet and mobile payments;"],"old":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","","banking payment service providers and","representatives of mobile, internet and card","payment providers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"51","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Rachida Dati","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-52","location":[[" Motion for a resolution","Paragraph 5"]],"meps":[72775],"meta":{"created":"2019-07-03T05:18:19"},"new":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, representatives of","merchants and retailers, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers,","representatives of mobile, internet and card","payment providers and mobile network","operators;"],"old":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers and","representatives of mobile, internet and card","payment providers;"],"orig_lang":"fr","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"52","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-53","location":[[" Motion for a resolution","Paragraph 5"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:19"},"new":["5. Calls for a more balanced","representation of all stakeholders in the","further development of common technical","and security standards for payment","schemes; notes that these parties may","include \u2013 but are not necessarily restricted","to \u2013 the European Payments Council","(EPC), consumer organisations, the","European Banking Authority, the Single","Euro Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers and","representatives of mobile, internet and card","payment providers;"],"old":["5. Supports the involvement of all the","parties concerned in the further","development of common technical and","security standards for payment schemes;","notes that these parties may include \u2013 but","are not necessarily restricted to \u2013 the","European Payments Council (EPC),","consumer organisations, the European","Banking Authority, the Single Euro","Payments Area (SEPA) Council, the","Commission, experts in various fields, non-","banking payment service providers and","representatives of mobile, internet and card","payment providers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"53","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-54","location":[["Motion for a resolution","Paragraph 6"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:19"},"new":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","the European payments market and should","not impose unnecessary barriers in","comparison with the global market;","furthermore believes that common","standards should be sought primarily at","global level, in close cooperation with the","key economic partners of the EU;"],"old":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","the European payments market and should","not impose unnecessary barriers in","comparison with the global market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"54","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-55","location":[[" Motion for a resolution","Paragraph 6"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:19"},"new":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the effectiveness of the","European payment systems;"],"old":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","the European payments market and should","not impose unnecessary barriers in","comparison with the global market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"55","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Rachida Dati","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-56","location":[[" Motion for a resolution","Paragraph 6"]],"meps":[72775],"meta":{"created":"2019-07-03T05:18:19"},"new":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","the European payments market and the","security of payments for users, and should","not impose unnecessary barriers in","comparison with the global market;"],"old":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","the European payments market and should","not impose unnecessary barriers in","comparison with the global market;"],"orig_lang":"fr","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"56","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-57","location":[[" Motion for a resolution","Paragraph 6"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:19"},"new":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing payment security and","the competitiveness of the European","payments market and should not impose","unnecessary barriers in comparison with","the global market;"],"old":["6. Stresses that any standardisation and","interoperability requirements should be","aimed at enhancing the competitiveness of","","the European payments market and should","not impose unnecessary barriers in","comparison with the global market;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"57","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-58","location":[["Motion for a resolution","Paragraph 7"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:19"},"new":["7. Notes that the separation of payment","infrastructures from payment schemes","could increase competition as smaller","players would not be blocked out due to","technical constraints; stresses that PSPs","should be free to select any combination","of issuing and acquiring services","available within the payment schemes on","the market and payment infrastructures","should process neutrally transactions of","different parallel payment schemes for","similar instruments;"],"old":["7. Notes that the separation of payment","infrastructures from payment schemes","could increase competition as smaller","players would not be blocked out due to","technical constraints;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"58","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Jean-Paul Gauz\u00e8s, Alfredo Pallone","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-59","location":[["Motion for a resolution","Paragraph 7"]],"meps":[28193,97197],"meta":{"created":"2019-07-03T05:18:19"},"new":["7. Notes that the separation of payment","infrastructures from payment schemes","would not necessarily increase competition","and that any technical constraints for","market access should be looked at","separately;"],"old":["7. Notes that the separation of payment","infrastructures from payment schemes","could increase competition as smaller","players would not be blocked out due to","technical constraints;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"59","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Rachida Dati","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-60","location":[[" Motion for a resolution","Paragraph 7"]],"meps":[72775],"meta":{"created":"2019-07-03T05:18:19"},"new":["7. Notes that the separation of payment","infrastructures from payment schemes","could increase competition as smaller","players would not be blocked out due to","technical constraints; recalls that","supporting the competitiveness of SMEs is","a key component of the European Union's","growth strategy;"],"old":["7. Notes that the separation of payment","infrastructures from payment schemes","could increase competition as smaller","players would not be blocked out due to","technical constraints;"],"orig_lang":"fr","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"60","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-61","location":[[" Motion for a resolution","Paragraph 7 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:20"},"new":["7a. Stresses that consumer privacy should","be protected in accordance with the","European and national legislation and","each party in the payment chain should","only have access to data relevant to its","processing and the rest would be bypassed","encrypted;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"61","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Jean-Paul Gauz\u00e8s, Andreas Schwab","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-62","location":[["Motion for a resolution","Paragraph 8"]],"meps":[28193,28223],"meta":{"created":"2019-07-03T05:18:20"},"new":["8. Points out that further standardisation to","overcome technical barriers and national","settlement and clearing requirements, is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;"],"old":["8. Points out that further standardisation is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"62","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-63","location":[["Motion for a resolution","Paragraph 8"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:20"},"new":["8. Points out that further standardisation is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;","believes that merchants should be better","informed about the cross-border","acquiring possibilities;"],"old":["8. Points out that further standardisation is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"63","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-64","location":[["Motion for a resolution","Paragraph 8"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:20"},"new":["8. Points out that further standardisation","would contribute to the further promotion","of cross-border acquiring, an arrangement","which would increase competition and the","choices available for merchants and could","result in more cost-efficient payment","methods for customers;"],"old":["8. Points out that further standardisation is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"64","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-65","location":[[" Motion for a resolution","Paragraph 8"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:20"},"new":["8. Points out that further alignment on","practices is needed to promote cross-","border acquiring, an arrangement which","would increase competition and the choices","available for merchants and could result in","more cost-efficient payment methods for","customers;"],"old":["8. Points out that further standardisation is","needed to promote cross-border acquiring,","an arrangement which would increase","competition and the choices available for","merchants and could result in more cost-","efficient payment methods for customers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"65","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-66","location":[[" Motion for a resolution","Paragraph 9"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:20"},"new":["9. Urges that solutions to further facilitate","cross-border acquiring be actively sought,","in view of its advantages to the internal","market; expresses concern at existing legal","and technical barriers, which should be","removed in order for a non-domestic","SEPA-compatible acquirer not to be","treated differently to a domestic acquirer","in that country;"],"old":["9. Urges that solutions to facilitate cross-","border acquiring be actively sought, in","view of its advantages to the internal","market; expresses concern at existing","barriers such as licensing, which should be","","abandoned;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"66","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Jean-Paul Gauz\u00e8s, Andreas Schwab","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-67","location":[["Motion for a resolution","Paragraph 9"]],"meps":[28193,28223],"meta":{"created":"2019-07-03T05:18:20"},"new":["9. Urges that solutions to facilitate cross-","border acquiring be actively sought, in","view of its advantages to the internal","market; expresses concern at existing","national and technical barriers, which","should be removed;"],"old":["9. Urges that solutions to facilitate cross-","border acquiring be actively sought, in","view of its advantages to the internal","market; expresses concern at existing","barriers such as licensing, which should be","abandoned;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"67","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-68","location":[["Motion for a resolution","Paragraph 9"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:20"},"new":["9. Urges that solutions to facilitate cross-","border acquiring be actively sought, in","view of its advantages to the internal","market; expresses concern at existing","barriers, such as some licensing terms;"],"old":["9. Urges that solutions to facilitate cross-","border acquiring be actively sought, in","view of its advantages to the internal","market; expresses concern at existing","barriers such as licensing, which should be","abandoned;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"68","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-69","location":[[" Motion for a resolution","Paragraph 9 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:20"},"new":["9a. Stresses that there should be no major","differences between legislation of various","payment accounts, and the payer should","be able to make an internet or mobile","funds transfer to any payee whose","account is in any SEPA-connected","financial institution;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"69","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-70","location":[[" Motion for a resolution","Paragraph 9 b (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["9b. Underlines that all authorised PSPs","should have the same access right to","clearing and settlement facilities, if they","have adequate risk management","procedures, fulfil minimum technical","requirements and are deemed to be","sufficiently stable so that they do not pose","any risk, i.e. basically are subject to the","same relevant requirements as banks;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"70","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-71","location":[[" Motion for a resolution","Paragraph 9 c (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["9c. Reminds, that according to the","European Court of Justice ruling on the","\"Mastercard case\" of 24 May 2012 the","Multilateral Interchange Fee, MIF, may","be considered anticompetitive and asks","the Commission to propose how this","ruling should be taken into account in","regulating the business models of card,","mobile or internet payments."],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"71","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-72","location":[["Motion for a resolution","Paragraph 10"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:21"},"new":["deleted"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","party card payment systems; notes that the","level of MIFs is sometimes higher than","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"72","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-73","location":[["Motion for a resolution","Paragraph 10"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["10. Considers that current MIF revenues","can be too high compared to the costs they","should cover and that a zero MIF could be","one alternative to be considered to","promote competition and transparent","pricing as every PSU would agree the","applied service charges with the PSPs they","would be using; points out that there","might be a need to balance different","payment charges in order to ensure that","cross-subsidising practices would not","promote inefficient instrument choices","and asks the Commission to study","different business models and evaluate","their benefits and drawbacks;"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","party card payment systems; notes that the","level of MIFs is sometimes higher than","","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"73","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-74","location":[[" Motion for a resolution","Paragraph 10"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:21"},"new":["10. Notes that the level of MIFs is in many","cases higher than what the financing of the","four-party payment system requires; calls","on the Commission to ensure that MIFs","no longer constitute barriers to market","access of new players on the payment","market by proposing a level playing field","for different business models;"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","party card payment systems; notes that the","level of MIFs is sometimes higher than","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"74","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-75","location":[[" Motion for a resolution","Paragraph 10"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:21"},"new":["10. Notes that the level of MIFs is usually","higher than what the financing of the four-","party payment system requires; considers","that MIFs should be regulated in order","not to become a means for the abuse of a","market dominant position;"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","","party card payment systems; notes that the","level of MIFs is sometimes higher than","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"75","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-76","location":[["Motion for a resolution","Paragraph 10"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:21"},"new":["10. Considers that MIFs can currently be","justified as a means to finance interbank","services in the four-party card payment","systems; notes that the level of MIFs","should be strictly linked to the cost of","providing such services;"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","party card payment systems; notes that the","level of MIFs is sometimes higher than","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"76","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-77","location":[["Motion for a resolution","Paragraph 10"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:21"},"new":["10. Notes that the level of MIFs is usually","higher than what the financing of the four-","party payment system requires;"],"old":["10. Considers that MIFs can currently be","justified as a means to finance the four-","party card payment systems; notes that the","level of MIFs is sometimes higher than","what the financing of the four-party","payment system requires;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"77","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-78","location":[[" Motion for a resolution","Paragraph 10 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["10a. Reminds that according to the basic","idea of SEPA there should be no","difference between national and cross-","border MIFs or MIFs of a PSP in two","Member States; notes that the level of","MIFs should converge or be reduced","gradually within a set timeframe and","expects the Commission to propose a","transitional period to this effect including","objective criteria for the difference of","MIFs during the transitional period and","underlines that eliminating national MIF","differences would complement the","provisions of Regulation 924/2009, which","aims at eliminating the differences in","charges for cross-border and national","payments;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"78","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-79","location":[[" Motion for a resolution","Paragraph 10 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:21"},"new":["10a. Stresses the lack of transparency and","the anticompetitive nature of MIFs; urges","the Commission to come up with","legislation, enforcing fair and transparent","business model for card payments, which","doesn't distort competition by creating","barriers to new market entrants and","innovation;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"79","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-80","location":[["Motion for a resolution","Paragraph 10 a (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:21"},"new":["10a. Calls on the Commission to propose","a reform of the business model for card","payments which satisfies the following","criteria:","- is transparent and fair,","- does not distort competition in the","payments market by creating barriers to","entry of new market players;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"80","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-81","location":[["Motion for a resolution","Paragraph 10 a (new)"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:21"},"new":["10a. Calls on the Commission to propose","a reform of the business model for card","payments which satisfies the following","criteria:","- is transparent and fair,","- does not create barriers to entry of new","market players."],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"81","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-82","location":[[" Motion for a resolution","Paragraph 10 b (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["10b. Notes that after a transitional period","a person coming from any Member State","should have his or her SEPA-compatible","payment card accepted at every payment","terminal in the SEPA, and the payment","should be safely routed; notes that this","requirement might imply that MIFs need","to be regulated to fall under a threshold,","and insists that this should not result in","an increase of MIFs in any Member State","but rather to a decrease and perhaps","approach zero at some later stage."],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"82","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-83","location":[[" Motion for a resolution","Paragraph 10 c (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["10c. Considers that the \"Honour All","Cards Rule\" (HACR), the \"Non-","Discrimination rule\" (NDC) and blending","should be banned as anticompetitive","practices;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"83","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-84","location":[[" Motion for a resolution","Paragraph 10 d (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:21"},"new":["10d. Considers that cross-border and","central acquiring should be enhanced and","any technical or legal obstacle should be","removed, as that this would help reducing","the levels of MIFs and merchant fees;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"84","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-85","location":[["Motion for a resolution","Paragraph 11"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by","regulation at EU level as this could cause","the currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"85","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-86","location":[["Motion for a resolution","Paragraph 11"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by","regulation at EU level as this could cause","the currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"86","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-87","location":[[" Motion for a resolution","Paragraph 11"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by","regulation at EU level as this could cause","the currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"87","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-88","location":[[" Motion for a resolution","Paragraph 11"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by","regulation at EU level as this could cause","the currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"88","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-89","location":[[" Motion for a resolution","Paragraph 11"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by","regulation at EU level as this could cause","the currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"89","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-90","location":[["Motion for a resolution","Paragraph 11"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:22"},"new":["11. Believes that a maximum level for","MIFs should not be imposed by regulation","at EU level as this could cause the","currently low MIFs available in some","Member States to rise closer to the","maximum level allowed; stresses that legal","clarity and certainty are needed regarding","the MIFs;"],"old":["11. Believes that a maximum level for","MIFs should not be imposed by regulation","at EU level as this could cause the","currently low MIFs available in some","Member States to rise closer to the","maximum level allowed;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"90","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-91","location":[["Motion for a resolution","Paragraph 11 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:22"},"new":["11a. Points out that if this new legislative","proposal provides for fees, these should be","cost based and full transparency should","be ensured on the elements that constitute","their rates;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"91","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-92","location":[[" Motion for a resolution","Paragraph 12"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:22"},"new":["12. Considers that MIFs should be","regulated at the European level, with the","aim of with easier access of new market","players to cross-border acquiring,","providing merchants with a real choice","which payment schemes they wish to join"],"old":["12. Considers that the transparency of","MIFs should be regulated both in","international and in national schemes,","and that this could, together with easier","access to cross-border acquiring, lead to","lower MIFs as merchants could freely","choose which payment schemes they wish","to join;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"92","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Jean-Paul Gauz\u00e8s, Andreas Schwab","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-93","location":[[" Motion for a resolution","Paragraph 12"]],"meps":[28193,28223],"meta":{"created":"2019-07-03T05:18:22"},"new":["12. Considers that the transparency of","MIFs should be promoted both in","international and in national schemes, and","that this could lead to lower MIFs as","merchants could freely choose which","payment schemes they wish to join;"],"old":["12. Considers that the transparency of","MIFs should be regulated both in","international and in national schemes, and","that this could, together with easier access","to cross-border acquiring, lead to lower","MIFs as merchants could freely choose","which payment schemes they wish to join;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"93","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-94","location":[["Motion for a resolution","Paragraph 12"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:22"},"new":["12. Considers that the transparency of fees","should be regulated both at European and","in national schemes, and that this could,","together with easier access to cross-border","acquiring, lead to lower fees as merchants","could freely choose which payment","schemes they wish to join;"],"old":["12. Considers that the transparency of","MIFs should be regulated both in","international and in national schemes, and","that this could, together with easier access","to cross-border acquiring, lead to lower","MIFs as merchants could freely choose","which payment schemes they wish to join;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"94","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-95","location":[["Motion for a resolution","Paragraph 12 a (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:22"},"new":["12a. Recalls that Article 5 of Regulation","(EU) No 260/2012 establishing technical","and business requirements for credit","transfers and direct debits in euros points","out that no MIF can be applied after 1","February 2017; calls for the same","approach for card payments;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"95","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-96","location":[["Motion for a resolution","Paragraph 13"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:22"},"new":["deleted"],"old":["13. Stresses, however, that the lack of","","transparency on MIFs between merchants","and the payment service providers (PSPs)","is a more acute problem than the lack of","transparency between the consumer and","the merchant; believes that information","overflow would not bring additional value","to consumers and would mean","transparency in theory but not in practice;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"96","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-97","location":[[" Motion for a resolution","Paragraph 13"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:23"},"new":["deleted"],"old":["13. Stresses, however, that the lack of","transparency on MIFs between merchants","and the payment service providers (PSPs)","is a more acute problem than the lack of","transparency between the consumer and","the merchant; believes that information","overflow would not bring additional value","to consumers and would mean","transparency in theory but not in practice;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"97","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-98","location":[[" Motion for a resolution","Paragraph 13"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:23"},"new":["deleted"],"old":["13. Stresses, however, that the lack of","transparency on MIFs between merchants","and the payment service providers (PSPs)","is a more acute problem than the lack of","transparency between the consumer and","","the merchant; believes that information","overflow would not bring additional value","to consumers and would mean","transparency in theory but not in practice;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"98","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-99","location":[["Motion for a resolution","Paragraph 13 a (new)"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:23"},"new":["13a. Calls on the Commission to consider","negotiating with relevant industry","representatives a MIF setting","methodology for cards, after conducting a","full impact assessment;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"99","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-100","location":[["Motion for a resolution","Paragraph 14"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:23"},"new":["14. Considers that the business model for","three party payment schemes may raise","competition concerns similar to those for","four party schemes; believes therefore,","both schemes should be treated in an equal","manner;"],"old":["14. Considers that there are crucial","differences between the three-party and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"100","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-101","location":[[" Motion for a resolution","Paragraph 14"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:23"},"new":["14. Considers that there are crucial","differences between the three-party and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner in order to ensure a level playing","field and foster competition and","transparency for consumers and","merchants;"],"old":["14. Considers that there are crucial","differences between the three-party and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"101","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-102","location":[[" Motion for a resolution","Paragraph 14"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:23"},"new":["14. Considers that the business model for","the three-party schemes may raise","competition issues similar to those of and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner;"],"old":["14. Considers that there are crucial","differences between the three-party and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"102","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-103","location":[[" Motion for a resolution","Paragraph 14"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:23"},"new":["14. Considers that the business model for","three-party schemes may raise competition","issues similar to those of four-party","payment schemes and that each scheme","should be treated according to its","specificities, though ultimately in an equal","manner;"],"old":["14. Considers that there are crucial","differences between the three-party and","four-party payment schemes and that each","scheme should be treated according to its","specificities, though ultimately in an equal","manner;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"103","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-104","location":[["Motion for a resolution","Paragraph 14 a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:23"},"new":["14a. Calls for more transparency on","cardholder fees and costs and benefits of","additional services; considers that","practices where cardholder fees or","bonuses are dependent on spending","behaviour of customers should be","discouraged since they can constitute a","threat for vulnerable consumers or raise","transparency issues for card use by","companies and their employees to pay for","work-related expenses;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"104","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-105","location":[["Motion for a resolution","Paragraph 15"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:23"},"new":["15. Notes that co-badging could be","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage competition;","highlights however that mandatory co-","badging may reduce competition and","present some security and liability risks,","arising from constraints on a card scheme","to contract freely with business partners","of their choice;"],"old":["15. Notes that co-badging could be","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"105","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-106","location":[[" Motion for a resolution","Paragraph 15"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:23"},"new":["15. Notes that co-badging which has been","voluntarily entered upon by involved","payment systems could be beneficial to","consumers as it would result in fewer cards","in the consumers' wallets, and facilitate","national domestic schemes' access to the","broader SEPA-market encouraging","competition;"],"old":["15. Notes that co-badging could be","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage","competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"106","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Jean-Paul Gauz\u00e8s, Andreas Schwab","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-107","location":[[" Motion for a resolution","Paragraph 15"]],"meps":[28193,28223],"meta":{"created":"2019-07-03T05:18:23"},"new":["15. Notes that co-badging which has been","voluntarily entered upon into by both","payment systems could be beneficial to","consumers as it would result in fewer cards","and facilitate national domestic schemes'","access to the broader EU market","encouraging competition;"],"old":["15. Notes that co-badging could be","","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage","competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"107","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-108","location":[["Motion for a resolution","Paragraph 15"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:23"},"new":["15. Notes that co-badging could be","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage competition;","however, points out that co-badging","should not be used as a bypass for","domestic schemes by a pre-decided use of","the domestic brand;"],"old":["15. Notes that co-badging could be","beneficial to consumers as it would result","in fewer cards and a wider range of","choices, and would encourage competition;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"108","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-109","location":[["Motion for a resolution","Paragraph 16"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:23"},"new":["16. Points out that the cardholding","customers should have the freedom to","select which of the provided co-badging","alternatives are activated on their specific","cards, and insists that the merchants","should have the right to select which co-","badged alternatives they are willing to","accept and in every specific payment","situation the cardholding customers","should have the right to select their","preferred co-badging alternative among","those accepted by the merchant;"],"old":["16. Stresses that the customer and the","issuing PSP should mutually agree on co-","badging and that it should not be made","mandatory;",""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"109","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-110","location":[[" Motion for a resolution","Paragraph 16"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:24"},"new":["16. Stresses that the customer and the","issuing PSP should mutually agree on co-","badging, while the ultimate choice of","brands on the payment card should belong","to the consumer;"],"old":["16. Stresses that the customer and the","issuing PSP should mutually agree on co-","badging and that it should not be made","mandatory;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"110","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-111","location":[[" Motion for a resolution","Paragraph 16"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:24"},"new":["16. Stresses that the customer and the","issuing PSP should mutually agree on co-","badging and that it should not be made","mandatory, while the choice of brand","should be left to the customer;"],"old":["16. Stresses that the customer and the","issuing PSP should mutually agree on co-","badging and that it should not be made","mandatory;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"111","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-112","location":[["Motion for a resolution","Paragraph 16 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:24"},"new":["16a. Calls on the Commission to propose","solutions that will encourage the co-","badging of more than one SEPA-","compliant scheme; believes that thorough","consideration should be given to issues,","such as the compatibility of management","procedures, technical interoperability, and","liability of security;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"112","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-113","location":[["Motion for a resolution","Paragraph 16 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:24"},"new":["16a. Stresses that it must be clear to all","parties as to who is responsible for the","protection and confidentiality of","cardholder and merchant data and","responsible for the co-branded payment","instrument;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"113","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Claudio Morganti","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-114","location":[["Motion for a resolution","Paragraph 16 a (new)"]],"meps":[97280],"meta":{"created":"2019-07-03T05:18:24"},"new":["16a. Considers that co-badging should be","introduced together with appropriate","information for consumers, to protect","them from the risk of being misled;"],"old":[""],"orig_lang":"it","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"114","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-115","location":[[" Motion for a resolution","Paragraph 17"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:24"},"new":["deleted"],"old":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on other Member States to","consider requiring more transparency on","surcharges in order to ensure that the","customer knows how much of the","surcharge comes from, for example, the","MIF and how much is further imposed by","the merchant;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"115","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-116","location":[[" Motion for a resolution","Paragraph 17"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:24"},"new":["17. Considers that it would be important","to ban the possibilities for excessive","surcharges in relation to the merchant fee","of an individual transaction, and to","control rebates and similar consumer","steering practices throughout the Member","States, and therefore merchants should","accept one commonly used payment","instrument without any surcharge (SEPA-","compliant debit card, e-payment) and any","surcharges on other instruments may not","at any point exceed the direct costs of","those instruments compared to the","instrument accepted without surcharge;"],"old":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on other Member States to","consider requiring more transparency on","surcharges in order to ensure that the","customer knows how much of the","surcharge comes from, for example, the","MIF and how much is further imposed by","the merchant;",""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"116","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-117","location":[["Motion for a resolution","Paragraph 17"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:24"},"new":["17. Believes that surcharges, rebates and","other steering practices are often harmful","for end users of payment services;","welcomes the ban on surcharges for the use","of card payments in some Member States;","calls on other Member States to consider","requiring more transparency on surcharges","in order to ensure that the customer knows","how much of the surcharge comes from,","for example, the MIF and how much is","further imposed by the merchant; calls on","the Commission to ban surcharges in all","cases where no alternative payment","instruments are readily available;"],"old":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on other Member States to","consider requiring more transparency on","surcharges in order to ensure that the","customer knows how much of the","surcharge comes from, for example, the","MIF and how much is further imposed by","the merchant;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"117","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-118","location":[["Motion for a resolution","Paragraph 17"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:24"},"new":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on the Commission to propose","a general ban on surcharging and rebates","at EU level for all payment services;"],"old":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on other Member States to","consider requiring more transparency on","surcharges in order to ensure that the","","customer knows how much of the","surcharge comes from, for example, the","MIF and how much is further imposed by","the merchant;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"118","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-119","location":[[" Motion for a resolution","Paragraph 17"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:24"},"new":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on the Commission to propose","a general ban on surcharging at EU level","for all payment services;"],"old":["17. Welcomes the ban on surcharges for","the use of card payments in some Member","States; calls on other Member States to","consider requiring more transparency on","surcharges in order to ensure that the","customer knows how much of the","surcharge comes from, for example, the","MIF and how much is further imposed by","the merchant;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"119","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-120","location":[[" Motion for a resolution","Paragraph 17 a (new)"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:24"},"new":["17a. Notes that surcharging solely based","on the payment choice made by a","customer risks to be arbitrary, might be","abused to raise additional revenue rather","than covering cost, and overall is not","beneficial to the development of the single","market, as it inhibits competition and","increases market fragmentation and","confusion for the consumer;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"120","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-121","location":[["Motion for a resolution","Paragraph 18"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:24"},"new":["deleted"],"old":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial; stresses,","however, that allowing or banning","surcharging should ultimately be left to","the Member States to decide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"121","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-122","location":[["Motion for a resolution","Paragraph 18"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:24"},"new":["deleted"],"old":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial; stresses,","however, that allowing or banning","surcharging should ultimately be left to","the Member States to decide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"122","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-123","location":[["Motion for a resolution","Paragraph 18"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:24"},"new":["deleted"],"old":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial; stresses,","however, that allowing or banning","surcharging should ultimately be left to","the Member States to decide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"123","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-124","location":[[" Motion for a resolution","Paragraph 18"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:24"},"new":["18. Notes that limiting surcharges to the","direct cost of using a payment instrument","might be beneficial; stresses, however the","difficulties to establish cost categories","clearly related to a single payment","transaction; therefore, urges the","Commission to propose a Europe-wide","ban on surcharging;"],"old":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial; stresses,","however, that allowing or banning","surcharging should ultimately be left to","the Member States to decide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"124","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Nikolaos Chountis","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-125","location":[[" Motion for a resolution","Paragraph 18"]],"meps":[26851],"meta":{"created":"2019-07-03T05:18:24"},"new":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial;"],"old":["18. Considers that limiting surcharges to","the direct cost of using a payment","instrument can be beneficial; stresses,","however, that allowing or banning","surcharging should ultimately be left to","","the Member States to decide;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"125","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-126","location":[["Motion for a resolution","Paragraph 18 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:24"},"new":["18a. Considers that the minimum security","requirements for internet, card and","mobile payments should be the same in all","Member States and that there should be a","common governing body setting the","requirements; notes that standardised","security solutions would simplify","customer information and thus the way","customers adapt to security arrangements","and they would also reduce costs within","PSPs and therefore all PSPs should be","required to maintain common minimum","security solutions, which may naturally be","improved by PSPs but these improvements","should not become competition barriers;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"126","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-127","location":[["Motion for a resolution","Paragraph 18 a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:24"},"new":["18a. Considers that rebates favouring","direct debit are not in the interest of","consumers who might prefer other","payment methods in order to avoid","payment errors, in particular in the case","of online payments;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"127","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-128","location":[[" Motion for a resolution","Paragraph 19"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:24"},"new":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions and","financial institutions should be","responsible for fraud costs, unless caused","by the customer \"by acting fraudulently","or by failing to fulfil one or more of his","obligations under Article 56 of the","Payment Service Directive with intent or","gross negligence\", in order to incentivise","them to continuously improve their","security level."],"old":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"128","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-129","location":[[" Motion for a resolution","Paragraph 19"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:24"},"new":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions and","have a responsibility in keeping","personalised security features safe as per","Article 56 of the Payment Services","Directive;"],"old":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions;",""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"129","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Rachida Dati","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-130","location":[["Motion for a resolution","Paragraph 19"]],"meps":[72775],"meta":{"created":"2019-07-03T05:18:25"},"new":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions, and","considers, therefore, that educational","programmes and public information","campaigns should be encouraged with a","view to increasing public awareness and","knowledge of digital security issues in","particular;"],"old":["19. Recalls that the final responsibility for","security measures relating to different","payment methods cannot lie with","customers, but that they should be","informed about security precautions;"],"orig_lang":"fr","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"130","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-131","location":[["Motion for a resolution","Paragraph 19 a (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:25"},"new":["19a. Calls on the Commission when","developing a strategy and instruments for","the integration of payment markets by","card, internet and mobile phone, to take","into account the standards and","recommendations of EDPS regarding","transparency, identification of the","controller/ processor, proportionality and","rights of the data subject;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"131","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-132","location":[[" Motion for a resolution","Paragraph 19 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:25"},"new":["19a. Considers it important that all","payment frauds in SEPA are reported to a","centralised site for monitoring, statistics","and evaluation, in order to respond","quickly to new security threats and that","the main developments should be made","public;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"132","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sophia in 't Veld, Olle Schmidt, Sylvie Goulard","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-133","location":[[" Motion for a resolution","Paragraph 19 b (new)"]],"meps":[28266,4274,97137],"meta":{"created":"2019-07-03T05:18:25"},"new":["19b. Asks the Commission to extend the","concept of privacy by design beyond","authentication mechanisms and security","safeguards so as to ensure data","minimization, to implement privacy by","default settings, to limit the access to","individual's information to what is strictly","needed to provide the service and to","implement tools enabling users to better","protect their personal data;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"133","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-134","location":[["Motion for a resolution","Paragraph 20"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:25"},"new":["20. Considers that the security of face-to-","face card payments is already high and the","gradual change from magnetic cards to","chip cards, which should be completed","rapidly, will improve the level of security","even further, but is worried that some","current European EMV-implementations","may not be fully consistent and urges to","remedy this unwanted situation and","reminds that improved solutions are also","needed for remote network-based card","payments;"],"old":["20. Considers that the security of card","payments is already high and the gradual","change from magnetic cards to chip cards","will improve the level of security even","further;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"134","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-135","location":[["Motion for a resolution","Paragraph 20"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:25"},"new":["20. Considers that the security of face to","face card payments is generally high and","the gradual change from magnetic cards to","chip cards will improve the level of","security even further; expresses its concern","about security issues with other forms of","card payments; calls on the Commission","to collect independent data on fraud with","online payments and integrate in its","legislative proposal appropriate anti-fraud","provisions;"],"old":["20. Considers that the security of card","payments is already high and the gradual","change from magnetic cards to chip cards","will improve the level of security even","further;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"135","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-136","location":[[" Motion for a resolution","Paragraph 20"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:25"},"new":["20. Considers that the security of face-to-","face card payments is already high and the","gradual change from magnetic cards to","chip cards will improve the level of","security even further;"],"old":["20. Considers that the security of card","payments is already high and the gradual","change from magnetic cards to chip cards","will improve the level of security even","further;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"136","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-137","location":[[" Motion for a resolution","Paragraph 20"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:25"},"new":["20. Considers that the security of face-to-","face card payments is already high and the","gradual change from magnetic cards to","chip cards will improve the level of","security even further;"],"old":["20. Considers that the security of card","payments is already high and the gradual","change from magnetic cards to chip cards","will improve the level of security even","further;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"137","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-138","location":[[" Motion for a resolution","Paragraph 21"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:25"},"new":["21. Believes that providing third parties","with data on the availability of funds in","bank accounts entails risks; notes that one","of the risks is that consumers may not be","fully aware of who has access to their","account information and which operator is","responsible for the payment services the","consumer is using; stresses that the data","protection may not be compromised at any","stage;"],"old":["21. Believes that providing third parties","with data on the availability of funds in","","bank accounts entails risks; notes that one","of the risks is that consumers may not be","fully aware of who has access to their","account information and which operator is","responsible for the payment services the","consumer is using;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"138","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-139","location":[["Motion for a resolution","Paragraph 21"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:25"},"new":["21. Believes that providing third parties","with data on the availability of funds in","bank accounts entails risks; notes that one","of the risks is that consumers may not be","fully aware of who has access to their","account information, and in the context of","which legal framework, and which","operator is responsible for the payment","services the consumer is using;"],"old":["21. Believes that providing third parties","with data on the availability of funds in","bank accounts entails risks; notes that one","of the risks is that consumers may not be","fully aware of who has access to their","account information and which operator is","responsible for the payment services the","consumer is using;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"139","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-140","location":[["Motion for a resolution","Paragraph 22"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:25"},"new":["22. Stresses that regulation could lower","these security risks and could make","payments through non-bank PSPs as safe","as payments directly from bank accounts,","as long as secure systems are available in","practice and the legitimacy of such access","and the organisations asking for such","access are clearly defined;"],"old":["22. Stresses that regulation could lower","these security risks and could make","payments through non-bank PSPs as safe","as payments directly from bank accounts,","as long as secure systems are available in","","practice;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"140","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-141","location":[[" Motion for a resolution","Paragraph 22"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:25"},"new":["22. Stresses that regulatory and technical","developments could lower these security","risks and could make payments through","non-bank PSPs as safe as payments","directly from well-protected bank accounts,","as long as secure systems are available in","practice;"],"old":["22. Stresses that regulation could lower","these security risks and could make","payments through non-bank PSPs as safe","as payments directly from bank accounts,","as long as secure systems are available in","practice;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"141","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sampo Terho","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-142","location":[[" Motion for a resolution","Paragraph 23"]],"meps":[107385],"meta":{"created":"2019-07-03T05:18:25"},"new":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored; stresses","that a clear distinction between access to","information on the availability of funds","for a given transaction and access to a","customer's account information in","general should be made when establishing","a regulatory framework for third-party","access;"],"old":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored;",""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"142","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-143","location":[["Motion for a resolution","Paragraph 23"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:25"},"new":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that should third parties be","permitted to access account information","in the future, this access should be kept to","a minimum and that it should be clearly","specified by the customer via mandates","which parties can have access on a non-","discriminatory basis to which information","and under which conditions the data can be","stored;"],"old":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"143","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-144","location":[["Motion for a resolution","Paragraph 23"]],"meps":[97025],"meta":{"created":"2019-07-03T05:18:26"},"new":["23. Does not, therefore, support third-party","access to a customer's bank account","information unless the system is","demonstrably secure and has been","thoroughly tested; notes that in any future","regulation special attention should be paid","to security, data protection and consumer","rights; considers, in particular, that it","should be clearly specified which parties","can have access to which information and","under which conditions the data can be","stored and that these provisions need to be","subject to a contractual relationship","between the entities involved;"],"old":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"144","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-145","location":[[" Motion for a resolution","Paragraph 23"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:26"},"new":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation third-","party access should be limited to binary","('yes-no') information on availability of","funds and special attention should be paid","to security, data protection and consumer","rights; considers, in particular, that it","should be clearly specified which parties","can have access to this information and","under which conditions the data can be","stored;"],"old":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"145","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-146","location":[["Motion for a resolution","Paragraph 23"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:26"},"new":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that regulation is needed with special","attention to security, data protection and","consumer rights; considers, in particular,","that it should be clearly specified which","parties can have access to which","information and under which conditions","the data can be stored;"],"old":["23. Does not, therefore, support third-party","access to a customer's bank account","information before secure systems are","developed, built and thoroughly tested;","notes that in any future regulation special","attention should be paid to security, data","protection and consumer rights; considers,","in particular, that it should be clearly","specified which parties can have access to","which information and under which","conditions the data can be stored;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"146","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Bas Eickhout on behalf of the Verts/ALE Group","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-147","location":[["Motion for a resolution","Paragraph 23 a (new)"]],"meps":[96725],"meta":{"created":"2019-07-03T05:18:26"},"new":["23a. Calls on the Commission to ensure","protection of personal data by proposing,","after the consultation of the European","Data Protection Supervisor, clear","regulation as to which role each actor","plays in collecting data and for which","purpose, and a clear definition of the","actors responsible for collecting,","processing and retaining data; believes","that controllers should be enabled to","ensure that obligations are complied with","and actors are held accountable for","violations and that it should be ensured","that actors only access and process the","data that are strictly necessary for the","performance of their services; adds that","card users should have the possibility to","access and rectify their personal data, also","in a complex cross border context; finds","that data protection requirements should","be implemented along the principle of","\"privacy by design/by default\" and that","businesses or consumers should not bear","the responsibility to protect their data;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"147","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Ashley Fox","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-148","location":[[" Motion for a resolution","Paragraph 23 a (new)"]],"meps":[96957],"meta":{"created":"2019-07-03T05:18:26"},"new":["23a. Welcomes the consultation being","undertaken by the European Commission","with stakeholders as part of the green","paper on the subject of SEPA governance","as per recital 5 of Regulation 260/2012","and is looking forward to the proposal it","intends to put forward on the subject at","the end of this year; underlines that the","immediate priority of all SEPA","stakeholders has to be the preparation for","SEPA migration as per the conditions laid","down by Regulation 260/2012 so as to","ensure a smooth transition from the use","of national to pan-European payment","schemes;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"148","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati, Ivari Padar","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-149","location":[[" Motion for a resolution","Paragraph 23 a (new)"]],"meps":[96915,97025],"meta":{"created":"2019-07-03T05:18:26"},"new":["23a. Believes that consumer refund rights","should be strengthened, both in the case","of unauthorised payments and in the case","of undelivered (or non delivered as","promised) goods or services, and that","effective Collective Redress and","Alternative Dispute Resolution systems","are indispensable tools for the protection","of consumers, also in the field of","electronic payments;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"149","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-150","location":[["Motion for a resolution","Paragraph 23 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["23a. Notes that as security threats keep","increasing there is a role for also","European Committee for Standardisation","(CEN) and the European","Telecommunications Standard Institute","(ETSI) to be actively involved in","developing security standards;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"150","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-151","location":[["Motion for a resolution","Paragraph 23 b (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["23b. Notes that in payment systems where","one or many of the participants are in","different Member States, the Commission","is expected to make a clarifying proposal","on which courts or which out-of-court","dispute settlement system should be used","for any disputes and that consumers have","easy access and use of these Alternative","Dispute Resolution bodies."],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"151","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-152","location":[[" Motion for a resolution","Subheading 7 a (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["Governance"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"152","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-153","location":[[" Motion for a resolution","Paragraph 23 c (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["23c. Calls on the Commission to propose","a better SEPA governance, covering the","organisational setup related to the","development of the main features of","payment services and of the","implementation of the requirements","which need to be met, while the","development of technical and security","standards would be organised separately","to support the implementation of the","related legislation;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"153","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-154","location":[["Motion for a resolution","Paragraph 23 d (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["23d. Considers it important to strengthen","the SEPA governance and to give the","renewed SEPA Council a stronger role","and that this new governing body should","consist of the main relevant stakeholders","and be created in such a way that it","provides a possibility for democratic","control through the Commission and","other European authorities; proposes that","a renewed SEPA-Council should lead the","work, identify a time schedule and work","plan, decide on the priorities and major","issues thus arbitrating disagreements","between stakeholders, and democratic","control should be ensured through the","EC, ECB and EBA having a prominent","role;"],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"154","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sari Essayah","changes":{},"committee":["ECON"],"date":"2012-07-12T00:00:00","id":"PE492.906-155","location":[["Motion for a resolution","Paragraph 23 e (new)"]],"meps":[96682],"meta":{"created":"2019-07-03T05:18:26"},"new":["23e. Considers that the SEPA Council","should be assisted by various technical","committees, or \"task forces\" for e-","payment, m-payment, cards, cash and","other standardisation issues and ad hoc","working groups; believes, therefore, that","the current projects like the OSeC project","for coordinating the implementation of","the Evaluation and Certification","Framework, the OScar project for","coordinating the implementation of the","Evaluation and Certification Framework","or SecuRe Pay to provide common","security solutions could benefit from","attached to this structure;"],"old":[""],"orig_lang":"en","peid":"PE492.906v01-00","reference":"2012/2040(INI)","seq":"155","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.906+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-1","location":[["Draft opinion","Paragraph 1"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:46"},"new":["1. Points out that while electronic","payments are playing an increasingly","important role in Europe and in the world,","serious obstacles remain for a fully and","effectively integrated, competitive,","innovative, safe, transparent and","consumer-friendly European single market","with regard to these forms of payments;"],"old":["1. Points out that while electronic","payments are playing an increasingly","important role in Europe and in the world,","serious obstacles remain for a fully and","effectively integrated, competitive, safe,","transparent and consumer-friendly","European single market with regard to","these forms of payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"1","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-2","location":[["Draft opinion","Paragraph 1"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:46"},"new":["1. Points out that while electronic","payments are playing an increasingly","important role in Europe and in the world,","serious obstacles remain for a fully and","effectively integrated, competitive, safe,","transparent and consumer-friendly","European digital single market with regard","to these forms of payments;"],"old":["1. Points out that while electronic","payments are playing an increasingly","important role in Europe and in the world,","serious obstacles remain for a fully and","effectively integrated, competitive, safe,","transparent and consumer-friendly","European single market with regard to","these forms of payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"2","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-3","location":[[" Draft opinion","Paragraph 1 a (new)"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:46"},"new":["1a. Notes that in the current crisis it is","essential to take action to boost economic","growth and job creation and restimulate","consumption. While the digital market","provides a great opportunity to achieve","these objectives, the European Union","must for this purpose be in a position to","establish a full digital internal market. It","is vital to demolish existing obstacles on","the one hand and boost consumer","confidence on the other; in this","connection, the existence of a neutral and","safe European single market for card,","internet and mobile payments facilitating","free competition and innovation is","essential for the achievement of a genuine","single digital market and could greatly","contribute to increasing consumer","confidence;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"3","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-4","location":[[" Draft opinion","Paragraph 1 b (new)"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:46"},"new":["1b. Notes that the development of","transparent, safe and effective payment","systems in the European digital market is","essential to ensure a genuine digital","economy and facilitate cross-border e-","commerce;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"4","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"R\u00f3\u015ca Gr\u00e4fin von Thun und Hohenstein","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-5","location":[["Draft opinion","Paragraph 2"]],"meta":{"created":"2019-07-03T05:36:47"},"new":["2. Underlines the important role that e-","payments and m-payments play in the","framework of the fight against the grey","economy and, in particular, against tax","evasion; Calls the European","standardisation bodies such as European","Committee for Standardisation (Comit\u00e9","europ\u00e9en de normalisation, CEN) or the","European Telecommunications Standards","Institute (ETSI), in cooperation with the","Commission, to play a more active role in","standardising card payments;"],"old":["2. Underlines the important role that","electronic payments play in the framework","of the fight against the grey economy and,","in particular, against tax evasion;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"5","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-6","location":[["Draft opinion","Paragraph 2 a (new)"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:47"},"new":["2a. Recognises in this connection that the","Single Euro Payments Area (SEPA) is a","cornerstone for the creation of an","integrated European payments market","and should serve as a basis for developing","it and making it more innovative and","competitive;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"6","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-7","location":[[" Draft opinion","Paragraph 3"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:47"},"new":["3. Points out that a safe, trustable and","transparent European framework for","electronic payments is essential for the","launch of a digital single market,","emphases the importance of information","campaigns for consumer awareness of the","options available on the market;"],"old":["3. Takes the view that incisive actions to","inform consumers on conditions and","requirements for safe electronic payments","should be put in place at European level,","in order to raise consumers\u2018 awareness","and overcome ungrounded worries about","these forms of payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"7","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Kyriacos Triantaphyllides","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-8","location":[[" Draft opinion","Paragraph 3"]],"meps":[28514],"meta":{"created":"2019-07-03T05:36:47"},"new":["3. Takes the view that incisive actions to","inform consumers on conditions and","requirements for safe electronic payments","should be put in place at European level, in","order to inform consumers more fully and","overcome frequently ungrounded worries","about these forms of payments;"],"old":["3. Takes the view that incisive actions to","inform consumers on conditions and","requirements for safe electronic payments","should be put in place at European level, in","order to raise consumers\u2019 awareness and","overcome ungrounded worries about these","forms of payments;"],"orig_lang":"el","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"8","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-9","location":[[" Draft opinion","Paragraph 3 a (new)"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:47"},"new":["3a. Affirms that the transparency of the","electronic payments systems, correct","information to consumers in any payment","transaction and a direct and easy access","to information are prerequisites for a well","functioning European market for","electronic payments;"],"old":[""],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"9","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Andreas Schwab, Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-10","location":[["Draft opinion","Paragraph 3 a (new)"]],"meps":[28223,96808],"meta":{"created":"2019-07-03T05:36:47"},"new":["3a. welcomes the provisions in the new","Consumer Rights Directive with respect to","additional payments and the ban on","exceeding fees for the use of means of","payment, which will contribute to the","confidence of consumers when shopping","online; calls however on the Commission","to continue its efforts with respect to the","creation of a level playing field in the area","of card, internet and mobile payments,","benefitting consumers and businesses","alike in a Digital Single Market;"],"orig_lang":"de","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"10","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-11","location":[["Draft opinion","Paragraph 3 a (new)"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:47"},"new":["3a. Stresses that, in this connection,","measures should be taken to halt frequent","discrimination against European","consumers whose payments for cross-","border online transactions are not","accepted because of their provenance;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"11","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-12","location":[[" Draft opinion","Paragraph 3 b (new)"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:47"},"new":["3b. Believes that consumer refund rights","should be strengthened, both in the case","of unauthorised payments and in the case","of undelivered (or non delivered as","promised) goods or services, and that","effective Collective Redress and","Alternative Dispute Resolution systems","are indispensable tools for the protection","of consumers, also in the field of","electronic payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"12","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-13","location":[[" Draft opinion","Paragraph 4"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:47"},"new":["4. Notes that the introduction of chip","cards have had a positive effect on the","security of card payments, stresses that in","order to reach the full potential of","electronic payments, consumer confidence","is essential and that personal data must be","handled with high level of security;"],"old":["4. Stresses that in order to enable the full","development of the potentialities of","electronic payments, the maximum level","of security should be ensured as a","safeguard against the risk of fraud, and in","order to the protect consumers\u2018 sensitive","data;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"13","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-14","location":[["Draft opinion","Paragraph 5"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:48"},"new":["5. Believes that standardisation at","European level is needed, in the form of a","regulatory framework that establishes","security standards for each form of","electronic payments, and that regulates all","the actors involved in the provision of","payment services as well as all","intermediaries, including merchants (e.g.","storage of credentials). In the definition of","the standards, account should be taken of","the systems that have brought significant","shifts towards safer payments (e.g.","CHIP&PIN system for cards, Two-factor","authentication system, E-Signature and","Online payments by pass through services","for e-payments), of the systems more","vulnerable to frauds (e.g. where","consumers' sensitive personal data are","transmitted to third parties, as in Online","payments by overlay services, or magnetic","strip system, for cards) and of the","innovations that could make the processes","safer;"],"old":["5. Believes that standardisation at","European level is needed, in the form of a","regulatory framework that establishes","security standards for each form of","electronic payments, and that regulates all","the actors involved in the provision of","payment services as well as all","intermediaries;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"14","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-15","location":[["Draft opinion","Paragraph 5"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:48"},"new":["5. Notes that the European market for","cards, internet and mobile payments is","fragmented both across and within","national borders, believes that","standardisation at European level is needed","to enhance the competitiveness of the","market for electronic payments in the EU;","welcomes a framework that establishes","security standards and transparency in","costs with a broad market solution","including also service providers not","engaged in fractional-reserve banking","such as money transmitters, stresses in","this context the importance of clear rules","on safety and on consumer protection","policies on an European level, believes","that in this regard, consumer friendly","point of contacts would enhance the trust","in remote payments;"],"old":["5. Believes that standardisation at","European level is needed, in the form of a","regulatory framework that establishes","security standards for each form of","","electronic payments, and that regulates all","the actors involved in the provision of","payment services as well as all","intermediaries;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"15","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Matteo Salvini","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-16","location":[[" Draft opinion","Paragraph 5"]],"meps":[28404],"meta":{"created":"2019-07-03T05:36:48"},"new":["5. Believes that further standardisation at","European level is needed, to establish","security standards for electronic payments,","which apply to all the actors involved in","the provision of payment services as well","as all intermediaries;"],"old":["5. Believes that standardisation at","European level is needed, in the form of a","regulatory framework that establishes","security standards for each form of","electronic payments, and that regulates all","the actors involved in the provision of","payment services as well as all","intermediaries;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"16","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-17","location":[[" Draft opinion","Paragraph 5 a (new)"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:48"},"new":["5a. Takes the view that standardisation","should not be limited to the definition of","security standards but should include","measures necessary to ensure a more","open, transparent, innovative, competitive","and unfragmented electronic payments","market that brings advantages to all","consumers (for example with regard to","interoperability or, in m-payments,","portability). Considers that, to reach this","target, the tool of mandatory co-badging","for payments cards, when required by the","cardholder, should be taken into","consideration (in that case the choice of","priority between the PSPs available on the","card should be up to the consumer) and","that the remaining obstacles for cross-","border acquiring should be eliminated;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"17","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-18","location":[["Draft opinion","Paragraph 5 a (new)"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:48"},"new":["5a. Notes that care must be taken to","ensure that any such measures always","comply with the principles of free","competition and free market entry and","access, taking account of future","technological innovations in this sector","so as to adapt to future developments and","consistently promoting and facilitating","innovation and competitiveness;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"18","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" R\u00f3\u015ca Gr\u00e4fin von Thun und Hohenstein","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-19","location":[[" Draft opinion","Paragraph 5 a (new)"]],"meta":{"created":"2019-07-03T05:36:48"},"new":["5a. Believes that all cross-border and","domestic multilateral interchange fees","(MIFs) should be made public and asks","the Commission and Member States to","ensure they are published;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"19","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-20","location":[[" Draft opinion","Paragraph 5 b (new)"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:48"},"new":["5b. Considers that it should be possible","for PSPs (even if non-banks) to have","information on the funds availability of a","client making a payment, in order to be","sure that he is not in an overdraft","situation, but that that information should","be limited to a simple indication whether","these funds are or are not available.","Believes that charges for this operation","should be harmonised;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"20","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-21","location":[[" Draft opinion","Paragraph 6"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:48"},"new":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by a","fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments. Also the issue of three parties","systems \"implicit interchange fees\"","should be faced and these fees","progressively banned. In this context","considers changes to 'No Discrimination'","or 'Honour All Cards' Rules","counterproductive and to be avoided;"],"old":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by a","fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"21","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-22","location":[["Draft opinion","Paragraph 6"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:48"},"new":["6. Notes that multilateral interchange fees","in the Single Euro Payments Area (SEPA)","are very differentiated and sometimes","higher than necessary, believes that these","fees and, in parallel, surcharges, rebates","and other steering practices might be","progressively harmonised in its","implementation of the Payment Service","Directive, paving the way for a more","transparent European single market of","payments;"],"old":["6. Believes that domestic and cross-","boarder multilateral interchange fees in the","Single Euro Payments Area (SEPA) should","be harmonised and progressively banned","by a fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"22","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Kyriacos Triantaphyllides","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-23","location":[[" Draft opinion","Paragraph 6"]],"meps":[28514],"meta":{"created":"2019-07-03T05:36:48"},"new":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","progressively banned by a fixed deadline","and that, in parallel, surcharges, rebates","and other steering practices should be","progressively banned as well, paving the","way for a more transparent European","single market of payments; at the same","time it is necessary to devise mechanisms","and safeguards to ensure that the costs","are not, in one way or another, once more","passed on to consumers;"],"old":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by a","fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"el","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"23","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Christian Engstr\u00f6m","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-24","location":[[" Draft opinion","Paragraph 6"]],"meps":[96676],"meta":{"created":"2019-07-03T05:36:48"},"new":["6. Notes that technologies for electronic","payments are developing rapidly at the","moment, does not believe that domestic","and cross-boarder multilateral interchange","fees in the Single Euro Payments Area","(SEPA) should be regulated in detail at","this time;"],"old":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by","a fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"24","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"R\u00f3\u015ca Gr\u00e4fin von Thun und Hohenstein, Adam Bielan","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-25","location":[["Draft opinion","Paragraph 6"]],"meps":[23788],"meta":{"created":"2019-07-03T05:36:48"},"new":["6. Points out that domestic and cross-","border multilateral interchange fees","(MIFs) in the Single Euro Payments Area","(SEPA) vary significantly between","Member States; Believes that both","domestic and cross-boarder multilateral","interchange fees in the Single Euro","Payments Area (SEPA) should be","harmonised in order to allow consumers to","benefit from the Single Market; Calls on","the Commission to conduct an impact","assessment, by the end of 2012, on setting","a cap for MIFs and progressively","reducing it; Calls on the Commission to","propose, if justified by the results of the","impact assessment, a Regulation","harmonising MIFs and progressively","decreasing them so as to be aligned with","real costs by the end of 2015; Believes that","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European Single Market of","payments;"],"old":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by a","fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"25","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Matteo Salvini","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-26","location":[["Draft opinion","Paragraph 6"]],"meps":[28404],"meta":{"created":"2019-07-03T05:36:49"},"new":["6. Believes that domestic and cross-boarder","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should","converge by a fixed deadline in","accordance with an agreed methodology","which takes into account the interests of","consumers and merchants. In parallel,","surcharges, rebates and other steering","practices should be progressively banned,","paving the way for a more transparent","European single market of payments;"],"old":["6. Believes that domestic and cross-boarder","","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by","a fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"26","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Pablo Arias Echeverr\u00eda","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-27","location":[[" Draft opinion","Paragraph 6"]],"meps":[96808],"meta":{"created":"2019-07-03T05:36:49"},"new":["6. Believes that domestic and cross-border","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised in such a way as to respect the","free market and European competition","rules and encourage market transparency","so as to ensure that consumers are not","overcharged. In parallel, calls for the","unfair treatment of consumers in the form","of surcharges, hidden costs and the use of","steering practices limiting or restricting","consumer choice to be progressively","banned as well, paving the way for a more","transparent, accessible and, in the eyes of","consumers, trustworthy European single","market of payments;"],"old":["6. Believes that domestic and cross-border","multilateral interchange fees in the Single","Euro Payments Area (SEPA) should be","harmonised and progressively banned by a","fixed deadline and that, in parallel,","surcharges, rebates and other steering","practices should be progressively banned","as well, paving the way for a more","transparent European single market of","payments;"],"orig_lang":"es","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"27","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Sergio Gaetano Cofferati","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-28","location":[[" Draft opinion","Paragraph 6 a (new)"]],"meps":[96915],"meta":{"created":"2019-07-03T05:36:49"},"new":["6a. Considers that enforcement of rules in","electronic payments is often difficult, not","adequate and different in Europe, and","that stronger efforts should be made to","ensure a proper and uniform enforcement","of the rules;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"28","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Matteo Salvini","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-29","location":[["Draft opinion","Paragraph 6 a (new)"]],"meps":[28404],"meta":{"created":"2019-07-03T05:36:49"},"new":["6a. Recognises the role of multilateral","interchange fees as a critical tool to","balance the benefits and costs of","electronic payments, and ensures that","each participant pays their fair share of","the costs associated with providing card","payment services. Any excessive","regulatory intervention in interchange","may result in fewer payment choices, an","increase in costs for consumers, curb","innovation and have a negative impact on","investment in security;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"29","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Konstantinos Poupakis","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-30","location":[["Draft opinion","Paragraph 6 a (new)"]],"meps":[96658],"meta":{"created":"2019-07-03T05:36:49"},"new":["6a. Stresses that it is necessary to require","greater transparency and better consumer","information regarding surcharges and","additional fees for the various payment","methods, given that traders generally","include transaction costs in the price of","their products and services, with the result","that consumers are not properly informed","in advance regarding the total cost and","pay more for their purchases, thereby","undermining consumer confidence;"],"old":[""],"orig_lang":"el","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"30","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Christian Engstr\u00f6m","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-31","location":[[" Draft opinion","Paragraph 7"]],"meps":[96676],"meta":{"created":"2019-07-03T05:36:49"},"new":["deleted"],"old":["7. Affirms that a self-regulatory approach","is not sufficient; considers that the","Commission and ECB should take a more","active and leading role in the SEPA","governance and that all relevant","stakeholders, in particular associations of","consumers, should be properly involved","and consulted in the decision making","process."],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"31","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Olle Schmidt","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-32","location":[[" Draft opinion","Paragraph 7"]],"meps":[4274],"meta":{"created":"2019-07-03T05:36:49"},"new":["7. Affirms that a self-regulatory approach","is not sufficient; considers that the","Commission and ECB should take a more","active and leading role in the SEPA","governance and that all relevant","stakeholders, including associations of","consumers, should be properly involved","and consulted in the decision making","process."],"old":["7. Affirms that a self-regulatory approach","is not sufficient; considers that the","Commission and ECB should take a more","","active and leading role in the SEPA","governance and that all relevant","stakeholders, in particular associations of","consumers, should be properly involved","and consulted in the decision making","process."],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"32","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Kyriacos Triantaphyllides","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-33","location":[["Draft opinion","Paragraph 7"]],"meps":[28514],"meta":{"created":"2019-07-03T05:36:49"},"new":["7. Affirms that a self-regulatory approach","is not sufficient; considers that the","Member States, together with the","Commission and ECB, should take a more","active and leading role and that all relevant","stakeholders, in particular associations of","consumers, should be properly involved","and consulted in the decision making","process."],"old":["7. Affirms that a self-regulatory approach","is not sufficient; considers that the","Commission and ECB should take a more","active and leading role in the SEPA","governance and that all relevant","stakeholders, in particular associations of","consumers, should be properly involved","and consulted in the decision making","process."],"orig_lang":"el","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"33","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":"Christian Engstr\u00f6m","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-34","location":[["Draft opinion","Paragraph 7 a (new)"]],"meps":[96676],"meta":{"created":"2019-07-03T05:36:49"},"new":["7a. Considers it likely that there will be a","growing number of European companies","whose activities are effectively dependent","on being able to accept payments by card;","considers it to be in the public interest to","define objective rules describing the","circumstances and procedures under","which card payment schemes may","unilaterally refuse acceptance;"],"old":[""],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"34","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Christian Engstr\u00f6m","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-35","location":[[" Draft opinion","Paragraph 7 b (new)"]],"meps":[96676],"meta":{"created":"2019-07-03T05:36:49"},"new":["7b. Highlights that non-banks should not","have access to information on the balance","of funds of a customers' bank account,","apart from a simple confirmation at the","point when the transaction takes place","that there are sufficient funds to complete","a transaction;"],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"35","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"},{"authors":" Christian Engstr\u00f6m","changes":{},"committee":["IMCO"],"date":"2012-06-22T00:00:00","id":"PE492.607-36","location":[[" Draft opinion","Paragraph 7 c (new)"]],"meps":[96676],"meta":{"created":"2019-07-03T05:36:49"},"new":["7c. Asks the Commission to assess the","possibility of liberalising the payment card","market and promoting new entrants into","this market, by for example having a","common payment infrastructure for all","transactions regardless of the card","provider."],"orig_lang":"en","peid":"PE492.607v01-00","reference":"2012/2040(INI)","seq":"36","src":"http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//NONSGML+COMPARL+PE-492.607+01+DOC+PDF+V0//EN&language=EN"}],"changes":{"2012-03-21T23:37:32":[{"data":[{"body":"EP","date":"2012-01-11T00:00:00","type":"Date"},{"body":"EC","commission":[{"Commissioner":"BARNIER Michel","DG":{"title":"Internal Market and Services","url":"http://ec.europa.eu/dgs/internal_market/"}}],"date":"2012-01-11T00:00:00","docs":[{"celexid":"CELEX:52011DC0941:EN","title":"COM(2011)0941","type":"Non-legislative basic document published"}],"type":"Non-legislative basic document"},{"body":"EP","date":"2012-03-08T00:00:00","type":"EP officialisation"},{"body":"EP","committees":[{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true},{"body":"EP","committee":"IMCO","committee_full":"Internal Market and Consumer Protection","responsible":false},{"body":"EP","committee":"INTA","committee_full":"International Trade","responsible":false},{"body":"EP","committee":"ITRE","committee_full":"Industry, Research and Energy","responsible":false},{"body":"EP","committee":"JURI","committee_full":"Legal Affairs","responsible":false}],"date":"2012-03-15T00:00:00","type":"Committee referral announced in Parliament, 1st reading/single reading"}],"path":["activities"],"type":"added"},{"data":[{"body":"EC","commissioner":"BARNIER Michel","dg":{"title":"Internal Market and Services","url":"http://ec.europa.eu/dgs/internal_market/"}}],"path":["other"],"type":"added"},{"data":[{"body":"EP","committee":"ECON","committee_full":"Economic and Monetary Affairs","responsible":true},{"body":"EP","committee":"IMCO","committee_full":"Internal Market and Consumer Protection","responsible":false},{"body":"EP","committee":"INTA","committee_full":"International Trade","responsible":false},{"body":"EP","committee":"ITRE","committee_full":"Industry, Research and Energy","responsible":false},{"body":"EP","committee":"JURI","committee_full":"Legal Affairs","responsible":false}],"path":["committees"],"type":"added"},{"data":{},"path":["links"],"type":"added"},{"data":{"dossier_of_the_committee":"ECON/7/08785","legal_basis":["Rules of Procedure of the European Parliament EP 048"],"reference":"2012/2040(INI)","stage_reached":"Awaiting Parliament 1st reading / single reading / budget 1st stage","subject":["2.50.04.02 Electronic money and payments, cross-border credit transfers","3.30.06 Information and communication technologies","4.60.06 Consumers' economic and legal interests"],"subtype":"Initiative","title":"Towards an integrated European market for card, internet and mobile payments","type":"INI - Own-initiative procedure"},"path":["procedure"],"type":"added"}],"2012-03-23T09:59:06":[{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"added"}],"2012-03-26T15:28:59":[{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"deleted"}],"2012-04-01T23:33:41":[{"data":"2012-03-29T00:00:00","path":["activities",3,"committees",1,"date"],"type":"added"},{"data":[{"group":"S&D","mepref":"4de183fa0fb8127435bdbce6","name":"COFFERATI Sergio Gaetano"}],"path":["activities",3,"committees",1,"rapporteur"],"type":"added"},{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"added"},{"data":"2012-03-29T00:00:00","path":["committees",1,"date"],"type":"added"},{"data":[{"group":"S&D","mepref":"4de183fa0fb8127435bdbce6","name":"COFFERATI Sergio Gaetano"}],"path":["committees",1,"rapporteur"],"type":"added"}],"2012-04-02T15:20:31":[{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"deleted"}],"2012-04-04T16:15:24":[{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"added"}],"2012-04-05T21:22:31":[{"data":"http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2011&nu_doc=941","path":["activities",1,"docs",0,"url"],"type":"deleted"}],"2012-04-10T20:10:12":[{"data":["
CONTENT: to launch a consultation with a view to\nfacilitating secure, efficient, competitive and innovative\nelectronic payments by card, internet and mobile phones (Green\nPaper).
\nBACKGROUND: the Single Euro Payments Area (SEPA) is\nbased on the premise that there should be no distinction between\ncross-border and domestic electronic retail payments in euro across\nthe EU. The SEPA project covers the key retail payment instruments:\ncredit transfers, direct debits and payment cards. From this basis,\nSEPA should be a springboard to creating a competitive and\ninnovative European payments market in two ways.
\nThe euro retail payments market is one of the largest\nin the world and involves millions of companies and hundreds of\nmillions of citizens. According to statistics from the European\nCentral Bank (ECB), in 2009 almost 58 billion retail payment\ntransactions were made in the euro area alone. Annual growth\nrates of the e-commerce market size over the next five years are\nprojected at around 10 %. Average spending per capita at EU level\nis forecast to rise from EUR 483 in 2009 to EUR 601 in\n2014.
\nThe economic benefits of integrating this market are\nsubstantial. For example, studies suggest that full migration to\nSEPA for credit transfers, direct debits and payment cards could\nyield direct and indirect benefits of more than EUR 300 billion\nover a six-year period. The current degree of payment\nintegration at European level varies markedly between the various\npayment instruments (such as credit transfers, direct debits and\npayment cards) and channels (e- or mpayments) used to make a\npayment.
\nFor this vision to become reality for card, e- and\nm-payments, a number of additional issues need to be addressed,\nsuch as security, freedom of choice, unhindered technical and\nbusiness innovation, standardisation of the various components and\ninteroperability.
\nCONTENT: this Green Paper assesses the current\nlandscape of card, internet and mobile payments in Europe,\nidentifies the gaps between the current situation and the\nvision of a fully integrated payments market and the barriers which\nhave created these gaps.
\nThe objective of the Green Paper is to launch a\nbroad-scale consultation process with stakeholders to validate or\ncontribute to the Commissions analysis and to help identify\nthe right way to improve market integration.
\nThe main issues dealt with in the Green Paper are as\nfollows:
\n(1) Market access and market entry across\nborders: a number of separate issues can be identified in this\ncontext. It is important to note that these issues, while\nhistorically all stemming from commercial practices for payment\ncards, either are applied in the same form for e- and m-payments or\nat least have significant spill-over effects which affect e- and\nm-payments indirectly, for example when an e- or m-payment is made\nthrough the use of a payment card.
\nThe proposal calls for:
\n(2) Transparent and cost-effective pricing of payment\nservices: the real cost of these\npayment services is often opaque, both for consumers and for\nmerchants, which leads to higher payment costs in the EU economy.\nThe lack of transparency mostly applies to the cards market, but\nlinks between cards, e- and m-payments have implications for all\nthese payment methods. Furthermore, increased transparency in\npricing should be seen as a way to reduce the costs of payment\ntransactions for all parties involved and ultimately optimise costs\nacross the EU for the benefit of payment service users. Another\nissue related to the pricing of payment services concerns\nmicro-payments, i.e. low-value payments, which by their nature are\noften made by card, internet or mobile payments. Payment fees are\noften perceived as excessive, both by consumers and\nmerchants.
\n(3) Technical standardisation: European payment users\n(companies, consumers, merchants) will fully benefit from\ncompetition, freedom of choice and more efficient payment\noperations if cross-border interoperability is achieved. This\napplies to all electronic payments and involves multiple actors in\nthe payment process, depending on the payment method. However,\nstandardisation of the various components (e.g. protocols,\ninterfaces, applications, services) needs to be carried out\nthoroughly23 in order to minimise the risk of foreclosure of\npotential competitors or innovation.
\nThe question is asked as to whether the use of common\nstandards for card payments would be beneficial and if the current\ngovernance arrangements are sufficient to coordinate, drive and\nensure the adoption and implementation of common standards for card\npayments within a reasonable timeframe.
\n(4) Interoperability between service\nproviders: cooperation is a key requirement in a network industry\nsuch as payments, as any payment requires an agreement between the\npayers payment service provider and the payees payment\nservice provider. To ensure that any payment can reach any\nbeneficiary without detriment to the actors and intermediaries\ninvolved, a higher level of coordination is desirable in the form\nof full interoperability.
\nIn line with the Commissions proposal for credit transfers\nand direct debits, the principle of\ninteroperability could be applied in the cards market, in addition\nto addressing the obstacles
\nmentioned above, particularly for the choice of the\nacquirer and the commercial rules.
\n(5) Payments security and data\nprotection:\nthe security of\nretail payments is a crucial prerequisite for payment users and\nmerchants alike. The public consultation on the future of\ne-commerce in the internal market confirmed this and identified\npayments security as one of the key hurdles preventing the\nwidespread adoption of electronic commerce.
\nThe continuous replacement of signature-based\ncards (equipped with a magnetic stripe for card reading) by\nChip and PIN (EMV-compliant) cards has helped reduce\nfraud significantly at the point-of-sale at European level. While\nthis helped to drive down card fraud in physical payment\ntransactions, fraudulent activity is now increasingly moving to\nremote card transactions, in particular to payments over the\ninternet.
\nA second important issue in this field is data\nprotection. All payment means referred to in this document imply\nthe processing of personal data and the use of electronic\ncommunication networks. It is crucial that authentication\nmechanisms for payment transactions are designed from the\noutset to include the necessary measures to ensure compliance with\ndata protection requirements.
\n(6) Governance:\nuntil now, SEPA has been predominantly run as a\nself-regulatory project, set up and managed by the European banking\nindustry through the EPC, with the strong support of the ECB and\nthe Commission. With the adoption of the Regulation establishing\ntechnical requirements for credit transfers and direct debits in\neuros a more active involvement of the EU institutions in the\nSEPA governance may be useful. In this context, a more\nprominent role for the legislative and regulatory oversight\nthrough, for example, the ECB, the Commission or the European\nBanking Authority (EBA) could be considered.
\nIn areas such as creating a proper framework for e-\nand m-payments, integration efforts have been slow to produce\ntangible results, thereby delaying interoperability, innovation,\nincreased choice and scale effects. Deadlocks and uncertainties may\nlead to market participants taking a wait and see\nattitude. Given the current lack of commitment to such an important\ninitiative for the European economy as a whole, achieving an\nintegrated market requires taking a comprehensive approach\ninvolving regulation, self-regulation and competition law\ncompliance and enforcement.
\nAll interested parties are invited to submit their\nviews in response to the above questions.
\nThe Committee on Economic and Monetary Affairs adopted\nan own-initiative report by Sampo TERHO (EFD, FI) on the Green\nPaper Towards an integrated European market for card,\ninternet and mobile payments.
\nMembers commend the Commission for providing the Green\nPaper, find the considerations and questions posed therein to be\nhighly relevant, and fully agree with the listed aims to get more\ncompetition, more choice, more innovation and more payment\nsecurity, as well as customer trust.
\nThe main recommendations contained in the report are\nas follows:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, the\ncommittee recognises that self-regulation may not achieve\ndesired outcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nThe report points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent. They therefore call upon the\nCommission also to consider in the future the cost, peculiarities\nand societal impacts of cash and cheque payments, for all market\nplayers and consumers, as compared to other payment methods. They\nstress that actions towards common technical standards shall be\ntaken in the light of the importance, effectiveness and sufficiency\nof the standards currently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe report underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the report\ncalls on the Commission to propose a better SEPA governance,\ncovering the organisational setup related to the development of the\nmain features of payment services and of the implementation of the\nrequirements which need to be met, and allowing the development of\ntechnical and security standards to be organised separately in\nsupport of the implementation of the related\nlegislation.
\nMembers favour a more balanced representation of\nall stakeholders in the further development of common technical\nand security standards for payment systems. The Commission is\ncalled upon to answer Parliaments previous calls for reform\nof SEPA governance so as to ensure better representation of payment\nservices users in the decision-making and standard-setting\nprocess.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the\nMIF may be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, the report\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options.
\nThe report favours MIFs being regulated at the\nEuropean level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates.
\nSurcharging: the report\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nThey are generally not in favour of third-party\naccess to a customer's bank account information unless the\nsystem is demonstrably secure and has been thoroughly tested. They\nnote that, in any regulation, third-party access should be limited\nto binary ('yesno') information on the availability of funds, and\nthat special attention should be paid to security, data protection\nand consumer rights.
\nThe Committee on Economic and Monetary Affairs adopted\nan own-initiative report by Sampo TERHO (EFD, FI) on the Green\nPaper Towards an integrated European market for card,\ninternet and mobile payments.
\nMembers commend the Commission for providing the Green\nPaper, find the considerations and questions posed therein to be\nhighly relevant, and fully agree with the listed aims to get more\ncompetition, more choice, more innovation and more payment\nsecurity, as well as customer trust.
\nThe main recommendations contained in the report are\nas follows:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, the\ncommittee recognises that self-regulation may not achieve\ndesired outcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nThe report points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent. They therefore call upon the\nCommission also to consider in the future the cost, peculiarities\nand societal impacts of cash and cheque payments, for all market\nplayers and consumers, as compared to other payment methods. They\nstress that actions towards common technical standards shall be\ntaken in the light of the importance, effectiveness and sufficiency\nof the standards currently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe report underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the report\ncalls on the Commission to propose a better SEPA governance,\ncovering the organisational setup related to the development of the\nmain features of payment services and of the implementation of the\nrequirements which need to be met, and allowing the development of\ntechnical and security standards to be organised separately in\nsupport of the implementation of the related\nlegislation.
\nMembers favour a more balanced representation of\nall stakeholders in the further development of common technical\nand security standards for payment systems. The Commission is\ncalled upon to answer Parliaments previous calls for reform\nof SEPA governance so as to ensure better representation of payment\nservices users in the decision-making and standard-setting\nprocess.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the\nMIF may be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, the report\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options.
\nThe report favours MIFs being regulated at the\nEuropean level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates.
\nSurcharging: the report\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nThey are generally not in favour of third-party\naccess to a customer's bank account information unless the\nsystem is demonstrably secure and has been thoroughly tested. They\nnote that, in any regulation, third-party access should be limited\nto binary ('yesno') information on the availability of funds, and\nthat special attention should be paid to security, data protection\nand consumer rights.
\nThe Committee on Economic and Monetary Affairs adopted\nan own-initiative report by Sampo TERHO (EFD, FI) on the Green\nPaper Towards an integrated European market for card,\ninternet and mobile payments.
\nMembers commend the Commission for providing the Green\nPaper, find the considerations and questions posed therein to be\nhighly relevant, and fully agree with the listed aims to get more\ncompetition, more choice, more innovation and more payment\nsecurity, as well as customer trust.
\nThe main recommendations contained in the report are\nas follows:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, the\ncommittee recognises that self-regulation may not achieve\ndesired outcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nThe report points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent. They therefore call upon the\nCommission also to consider in the future the cost, peculiarities\nand societal impacts of cash and cheque payments, for all market\nplayers and consumers, as compared to other payment methods. They\nstress that actions towards common technical standards shall be\ntaken in the light of the importance, effectiveness and sufficiency\nof the standards currently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe report underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the report\ncalls on the Commission to propose a better SEPA governance,\ncovering the organisational setup related to the development of the\nmain features of payment services and of the implementation of the\nrequirements which need to be met, and allowing the development of\ntechnical and security standards to be organised separately in\nsupport of the implementation of the related\nlegislation.
\nMembers favour a more balanced representation of\nall stakeholders in the further development of common technical\nand security standards for payment systems. The Commission is\ncalled upon to answer Parliaments previous calls for reform\nof SEPA governance so as to ensure better representation of payment\nservices users in the decision-making and standard-setting\nprocess.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the\nMIF may be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, the report\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options.
\nThe report favours MIFs being regulated at the\nEuropean level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates.
\nSurcharging: the report\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nThey are generally not in favour of third-party\naccess to a customer's bank account information unless the\nsystem is demonstrably secure and has been thoroughly tested. They\nnote that, in any regulation, third-party access should be limited\nto binary ('yesno') information on the availability of funds, and\nthat special attention should be paid to security, data protection\nand consumer rights.
\nThe European Parliament adopted a resolution on the\nGreen Paper Towards an integrated European market for\ncard, internet and mobile payments.
\nMembers note that the European market for card,\ninternet and mobile payments is at present still fragmented across\nnational borders and only a few big players are able to get\nacceptance by merchants and to operate on a cross-border basis.\nWhilst welcoming the Green Paper and fully agreeing with the listed\naims, they note that the latter does not tackle the costs and\nsocietal impacts of cash or cheque payments in comparison with\ncard, internet and mobile payments, thus preventing a comparative\nanalysis of the economic and welfare costs and societal impacts of\npayments by cash or cheque.
\nParliament makes the following principal\nrecommendations:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, Parliament\nrecognises that self-regulation may not achieve desired\noutcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nParliament points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent, pointing out that those that\ndo not use expensive payment methods still cover their costs. They\nask the Commission, therefore, also to consider in the future the\ncost, peculiarities and societal impacts of cash and cheque\npayments, for all market players and consumers, as compared to\nother payment methods. They recall that all Europeans should\nhave access to basic banking services and stress that actions\ntowards common technical standards shall be taken in the light of\nthe importance, effectiveness and sufficiency of the standards\ncurrently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe resolution underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the\nresolution calls on the Commission to propose a better SEPA\ngovernance, covering the organisational setup related to the\ndevelopment of the main features of payment services and of the\nimplementation of the requirements which need to be met, and\nallowing the development of technical and security standards to be\norganised separately in support of the implementation of the\nrelated legislation.
\nMembers favour a more balanced representation of all\nstakeholders in the further\ndevelopment of common technical and security standards for payment\nsystems. The Commission is called upon to answer Parliaments\nprevious calls for reform of SEPA governance so as to ensure better\nrepresentation of payment services users in the decision-making\nand standard-setting process.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the MIF\nmay be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, Parliament\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options. Parliament notes that after a\ntransitional period, a person coming from any Member State should\nhave his or her SEPA-compatible payment card accepted at every\npayment terminal in the SEPA, and that the payment should be safely\nrouted. Noting further that this requirement might imply that MIFs\nneed to be regulated to fall under a threshold, Parliament insists\nthat this should not result in an increase of MIFs in any Member\nState but rather to a decrease and, perhaps, a reduction\ntowards zero at some later stage.
\nParliament considers that MIFs should be regulated at\nthe European level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates. Recalling that Article 5 of Regulation (EU)\nNo 260/2012 on credit transfers and direct debits in euros provides\nthat no per-transaction MIF can be applied after 1 February 2017,\nthe resolution calls for the same approach for card\npayments.
\nSurcharging: Parliament\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nParliament is generally not in favour of\nthird-party access to a customer's bank account information\nunless the system is demonstrably secure and has been thoroughly\ntested. It notes that, in any regulation, third-party access should\nbe limited to binary ('yesno') information on the\navailability of funds, and that special attention should be paid to\nsecurity, data protection and consumer rights.
\nCONTENT: to launch a consultation with a view to\nfacilitating secure, efficient, competitive and innovative\nelectronic payments by card, internet and mobile phones (Green\nPaper).
\nBACKGROUND: the Single Euro Payments Area (SEPA) is\nbased on the premise that there should be no distinction between\ncross-border and domestic electronic retail payments in euro across\nthe EU. The SEPA project covers the key retail payment instruments:\ncredit transfers, direct debits and payment cards. From this basis,\nSEPA should be a springboard to creating a competitive and\ninnovative European payments market in two ways.
\nThe euro retail payments market is one of the largest\nin the world and involves millions of companies and hundreds of\nmillions of citizens. According to statistics from the European\nCentral Bank (ECB), in 2009 almost 58 billion retail payment\ntransactions were made in the euro area alone. Annual growth\nrates of the e-commerce market size over the next five years are\nprojected at around 10 %. Average spending per capita at EU level\nis forecast to rise from EUR 483 in 2009 to EUR 601 in\n2014.
\nThe economic benefits of integrating this market are\nsubstantial. For example, studies suggest that full migration to\nSEPA for credit transfers, direct debits and payment cards could\nyield direct and indirect benefits of more than EUR 300 billion\nover a six-year period. The current degree of payment\nintegration at European level varies markedly between the various\npayment instruments (such as credit transfers, direct debits and\npayment cards) and channels (e- or mpayments) used to make a\npayment.
\nFor this vision to become reality for card, e- and\nm-payments, a number of additional issues need to be addressed,\nsuch as security, freedom of choice, unhindered technical and\nbusiness innovation, standardisation of the various components and\ninteroperability.
\nCONTENT: this Green Paper assesses the current\nlandscape of card, internet and mobile payments in Europe,\nidentifies the gaps between the current situation and the\nvision of a fully integrated payments market and the barriers which\nhave created these gaps.
\nThe objective of the Green Paper is to launch a\nbroad-scale consultation process with stakeholders to validate or\ncontribute to the Commissions analysis and to help identify\nthe right way to improve market integration.
\nThe main issues dealt with in the Green Paper are as\nfollows:
\n(1) Market access and market entry across\nborders: a number of separate issues can be identified in this\ncontext. It is important to note that these issues, while\nhistorically all stemming from commercial practices for payment\ncards, either are applied in the same form for e- and m-payments or\nat least have significant spill-over effects which affect e- and\nm-payments indirectly, for example when an e- or m-payment is made\nthrough the use of a payment card.
\nThe proposal calls for:
\n(2) Transparent and cost-effective pricing of payment\nservices: the real cost of these\npayment services is often opaque, both for consumers and for\nmerchants, which leads to higher payment costs in the EU economy.\nThe lack of transparency mostly applies to the cards market, but\nlinks between cards, e- and m-payments have implications for all\nthese payment methods. Furthermore, increased transparency in\npricing should be seen as a way to reduce the costs of payment\ntransactions for all parties involved and ultimately optimise costs\nacross the EU for the benefit of payment service users. Another\nissue related to the pricing of payment services concerns\nmicro-payments, i.e. low-value payments, which by their nature are\noften made by card, internet or mobile payments. Payment fees are\noften perceived as excessive, both by consumers and\nmerchants.
\n(3) Technical standardisation: European payment users\n(companies, consumers, merchants) will fully benefit from\ncompetition, freedom of choice and more efficient payment\noperations if cross-border interoperability is achieved. This\napplies to all electronic payments and involves multiple actors in\nthe payment process, depending on the payment method. However,\nstandardisation of the various components (e.g. protocols,\ninterfaces, applications, services) needs to be carried out\nthoroughly23 in order to minimise the risk of foreclosure of\npotential competitors or innovation.
\nThe question is asked as to whether the use of common\nstandards for card payments would be beneficial and if the current\ngovernance arrangements are sufficient to coordinate, drive and\nensure the adoption and implementation of common standards for card\npayments within a reasonable timeframe.
\n(4) Interoperability between service\nproviders: cooperation is a key requirement in a network industry\nsuch as payments, as any payment requires an agreement between the\npayers payment service provider and the payees payment\nservice provider. To ensure that any payment can reach any\nbeneficiary without detriment to the actors and intermediaries\ninvolved, a higher level of coordination is desirable in the form\nof full interoperability.
\nIn line with the Commissions proposal for credit transfers\nand direct debits, the principle of\ninteroperability could be applied in the cards market, in addition\nto addressing the obstacles
\nmentioned above, particularly for the choice of the\nacquirer and the commercial rules.
\n(5) Payments security and data\nprotection:\nthe security of\nretail payments is a crucial prerequisite for payment users and\nmerchants alike. The public consultation on the future of\ne-commerce in the internal market confirmed this and identified\npayments security as one of the key hurdles preventing the\nwidespread adoption of electronic commerce.
\nThe continuous replacement of signature-based\ncards (equipped with a magnetic stripe for card reading) by\nChip and PIN (EMV-compliant) cards has helped reduce\nfraud significantly at the point-of-sale at European level. While\nthis helped to drive down card fraud in physical payment\ntransactions, fraudulent activity is now increasingly moving to\nremote card transactions, in particular to payments over the\ninternet.
\nA second important issue in this field is data\nprotection. All payment means referred to in this document imply\nthe processing of personal data and the use of electronic\ncommunication networks. It is crucial that authentication\nmechanisms for payment transactions are designed from the\noutset to include the necessary measures to ensure compliance with\ndata protection requirements.
\n(6) Governance:\nuntil now, SEPA has been predominantly run as a\nself-regulatory project, set up and managed by the European banking\nindustry through the EPC, with the strong support of the ECB and\nthe Commission. With the adoption of the Regulation establishing\ntechnical requirements for credit transfers and direct debits in\neuros a more active involvement of the EU institutions in the\nSEPA governance may be useful. In this context, a more\nprominent role for the legislative and regulatory oversight\nthrough, for example, the ECB, the Commission or the European\nBanking Authority (EBA) could be considered.
\nIn areas such as creating a proper framework for e-\nand m-payments, integration efforts have been slow to produce\ntangible results, thereby delaying interoperability, innovation,\nincreased choice and scale effects. Deadlocks and uncertainties may\nlead to market participants taking a wait and see\nattitude. Given the current lack of commitment to such an important\ninitiative for the European economy as a whole, achieving an\nintegrated market requires taking a comprehensive approach\ninvolving regulation, self-regulation and competition law\ncompliance and enforcement.
\nAll interested parties are invited to submit their\nviews in response to the above questions.
\nCONTENT: to launch a consultation with a view to\nfacilitating secure, efficient, competitive and innovative\nelectronic payments by card, internet and mobile phones (Green\nPaper).
\nBACKGROUND: the Single Euro Payments Area (SEPA) is\nbased on the premise that there should be no distinction between\ncross-border and domestic electronic retail payments in euro across\nthe EU. The SEPA project covers the key retail payment instruments:\ncredit transfers, direct debits and payment cards. From this basis,\nSEPA should be a springboard to creating a competitive and\ninnovative European payments market in two ways.
\nThe euro retail payments market is one of the largest\nin the world and involves millions of companies and hundreds of\nmillions of citizens. According to statistics from the European\nCentral Bank (ECB), in 2009 almost 58 billion retail payment\ntransactions were made in the euro area alone. Annual growth\nrates of the e-commerce market size over the next five years are\nprojected at around 10 %. Average spending per capita at EU level\nis forecast to rise from EUR 483 in 2009 to EUR 601 in\n2014.
\nThe economic benefits of integrating this market are\nsubstantial. For example, studies suggest that full migration to\nSEPA for credit transfers, direct debits and payment cards could\nyield direct and indirect benefits of more than EUR 300 billion\nover a six-year period. The current degree of payment\nintegration at European level varies markedly between the various\npayment instruments (such as credit transfers, direct debits and\npayment cards) and channels (e- or mpayments) used to make a\npayment.
\nFor this vision to become reality for card, e- and\nm-payments, a number of additional issues need to be addressed,\nsuch as security, freedom of choice, unhindered technical and\nbusiness innovation, standardisation of the various components and\ninteroperability.
\nCONTENT: this Green Paper assesses the current\nlandscape of card, internet and mobile payments in Europe,\nidentifies the gaps between the current situation and the\nvision of a fully integrated payments market and the barriers which\nhave created these gaps.
\nThe objective of the Green Paper is to launch a\nbroad-scale consultation process with stakeholders to validate or\ncontribute to the Commissions analysis and to help identify\nthe right way to improve market integration.
\nThe main issues dealt with in the Green Paper are as\nfollows:
\n(1) Market access and market entry across\nborders: a number of separate issues can be identified in this\ncontext. It is important to note that these issues, while\nhistorically all stemming from commercial practices for payment\ncards, either are applied in the same form for e- and m-payments or\nat least have significant spill-over effects which affect e- and\nm-payments indirectly, for example when an e- or m-payment is made\nthrough the use of a payment card.
\nThe proposal calls for:
\n(2) Transparent and cost-effective pricing of payment\nservices: the real cost of these\npayment services is often opaque, both for consumers and for\nmerchants, which leads to higher payment costs in the EU economy.\nThe lack of transparency mostly applies to the cards market, but\nlinks between cards, e- and m-payments have implications for all\nthese payment methods. Furthermore, increased transparency in\npricing should be seen as a way to reduce the costs of payment\ntransactions for all parties involved and ultimately optimise costs\nacross the EU for the benefit of payment service users. Another\nissue related to the pricing of payment services concerns\nmicro-payments, i.e. low-value payments, which by their nature are\noften made by card, internet or mobile payments. Payment fees are\noften perceived as excessive, both by consumers and\nmerchants.
\n(3) Technical standardisation: European payment users\n(companies, consumers, merchants) will fully benefit from\ncompetition, freedom of choice and more efficient payment\noperations if cross-border interoperability is achieved. This\napplies to all electronic payments and involves multiple actors in\nthe payment process, depending on the payment method. However,\nstandardisation of the various components (e.g. protocols,\ninterfaces, applications, services) needs to be carried out\nthoroughly23 in order to minimise the risk of foreclosure of\npotential competitors or innovation.
\nThe question is asked as to whether the use of common\nstandards for card payments would be beneficial and if the current\ngovernance arrangements are sufficient to coordinate, drive and\nensure the adoption and implementation of common standards for card\npayments within a reasonable timeframe.
\n(4) Interoperability between service\nproviders: cooperation is a key requirement in a network industry\nsuch as payments, as any payment requires an agreement between the\npayers payment service provider and the payees payment\nservice provider. To ensure that any payment can reach any\nbeneficiary without detriment to the actors and intermediaries\ninvolved, a higher level of coordination is desirable in the form\nof full interoperability.
\nIn line with the Commissions proposal for credit transfers\nand direct debits, the principle of\ninteroperability could be applied in the cards market, in addition\nto addressing the obstacles
\nmentioned above, particularly for the choice of the\nacquirer and the commercial rules.
\n(5) Payments security and data\nprotection:\nthe security of\nretail payments is a crucial prerequisite for payment users and\nmerchants alike. The public consultation on the future of\ne-commerce in the internal market confirmed this and identified\npayments security as one of the key hurdles preventing the\nwidespread adoption of electronic commerce.
\nThe continuous replacement of signature-based\ncards (equipped with a magnetic stripe for card reading) by\nChip and PIN (EMV-compliant) cards has helped reduce\nfraud significantly at the point-of-sale at European level. While\nthis helped to drive down card fraud in physical payment\ntransactions, fraudulent activity is now increasingly moving to\nremote card transactions, in particular to payments over the\ninternet.
\nA second important issue in this field is data\nprotection. All payment means referred to in this document imply\nthe processing of personal data and the use of electronic\ncommunication networks. It is crucial that authentication\nmechanisms for payment transactions are designed from the\noutset to include the necessary measures to ensure compliance with\ndata protection requirements.
\n(6) Governance:\nuntil now, SEPA has been predominantly run as a\nself-regulatory project, set up and managed by the European banking\nindustry through the EPC, with the strong support of the ECB and\nthe Commission. With the adoption of the Regulation establishing\ntechnical requirements for credit transfers and direct debits in\neuros a more active involvement of the EU institutions in the\nSEPA governance may be useful. In this context, a more\nprominent role for the legislative and regulatory oversight\nthrough, for example, the ECB, the Commission or the European\nBanking Authority (EBA) could be considered.
\nIn areas such as creating a proper framework for e-\nand m-payments, integration efforts have been slow to produce\ntangible results, thereby delaying interoperability, innovation,\nincreased choice and scale effects. Deadlocks and uncertainties may\nlead to market participants taking a wait and see\nattitude. Given the current lack of commitment to such an important\ninitiative for the European economy as a whole, achieving an\nintegrated market requires taking a comprehensive approach\ninvolving regulation, self-regulation and competition law\ncompliance and enforcement.
\nAll interested parties are invited to submit their\nviews in response to the above questions.
\nCONTENT: to launch a consultation with a view to\nfacilitating secure, efficient, competitive and innovative\nelectronic payments by card, internet and mobile phones (Green\nPaper).
\nBACKGROUND: the Single Euro Payments Area (SEPA) is\nbased on the premise that there should be no distinction between\ncross-border and domestic electronic retail payments in euro across\nthe EU. The SEPA project covers the key retail payment instruments:\ncredit transfers, direct debits and payment cards. From this basis,\nSEPA should be a springboard to creating a competitive and\ninnovative European payments market in two ways.
\nThe euro retail payments market is one of the largest\nin the world and involves millions of companies and hundreds of\nmillions of citizens. According to statistics from the European\nCentral Bank (ECB), in 2009 almost 58 billion retail payment\ntransactions were made in the euro area alone. Annual growth\nrates of the e-commerce market size over the next five years are\nprojected at around 10 %. Average spending per capita at EU level\nis forecast to rise from EUR 483 in 2009 to EUR 601 in\n2014.
\nThe economic benefits of integrating this market are\nsubstantial. For example, studies suggest that full migration to\nSEPA for credit transfers, direct debits and payment cards could\nyield direct and indirect benefits of more than EUR 300 billion\nover a six-year period. The current degree of payment\nintegration at European level varies markedly between the various\npayment instruments (such as credit transfers, direct debits and\npayment cards) and channels (e- or mpayments) used to make a\npayment.
\nFor this vision to become reality for card, e- and\nm-payments, a number of additional issues need to be addressed,\nsuch as security, freedom of choice, unhindered technical and\nbusiness innovation, standardisation of the various components and\ninteroperability.
\nCONTENT: this Green Paper assesses the current\nlandscape of card, internet and mobile payments in Europe,\nidentifies the gaps between the current situation and the\nvision of a fully integrated payments market and the barriers which\nhave created these gaps.
\nThe objective of the Green Paper is to launch a\nbroad-scale consultation process with stakeholders to validate or\ncontribute to the Commissions analysis and to help identify\nthe right way to improve market integration.
\nThe main issues dealt with in the Green Paper are as\nfollows:
\n(1) Market access and market entry across\nborders: a number of separate issues can be identified in this\ncontext. It is important to note that these issues, while\nhistorically all stemming from commercial practices for payment\ncards, either are applied in the same form for e- and m-payments or\nat least have significant spill-over effects which affect e- and\nm-payments indirectly, for example when an e- or m-payment is made\nthrough the use of a payment card.
\nThe proposal calls for:
\n(2) Transparent and cost-effective pricing of payment\nservices: the real cost of these\npayment services is often opaque, both for consumers and for\nmerchants, which leads to higher payment costs in the EU economy.\nThe lack of transparency mostly applies to the cards market, but\nlinks between cards, e- and m-payments have implications for all\nthese payment methods. Furthermore, increased transparency in\npricing should be seen as a way to reduce the costs of payment\ntransactions for all parties involved and ultimately optimise costs\nacross the EU for the benefit of payment service users. Another\nissue related to the pricing of payment services concerns\nmicro-payments, i.e. low-value payments, which by their nature are\noften made by card, internet or mobile payments. Payment fees are\noften perceived as excessive, both by consumers and\nmerchants.
\n(3) Technical standardisation: European payment users\n(companies, consumers, merchants) will fully benefit from\ncompetition, freedom of choice and more efficient payment\noperations if cross-border interoperability is achieved. This\napplies to all electronic payments and involves multiple actors in\nthe payment process, depending on the payment method. However,\nstandardisation of the various components (e.g. protocols,\ninterfaces, applications, services) needs to be carried out\nthoroughly23 in order to minimise the risk of foreclosure of\npotential competitors or innovation.
\nThe question is asked as to whether the use of common\nstandards for card payments would be beneficial and if the current\ngovernance arrangements are sufficient to coordinate, drive and\nensure the adoption and implementation of common standards for card\npayments within a reasonable timeframe.
\n(4) Interoperability between service\nproviders: cooperation is a key requirement in a network industry\nsuch as payments, as any payment requires an agreement between the\npayers payment service provider and the payees payment\nservice provider. To ensure that any payment can reach any\nbeneficiary without detriment to the actors and intermediaries\ninvolved, a higher level of coordination is desirable in the form\nof full interoperability.
\nIn line with the Commissions proposal for credit transfers\nand direct debits, the principle of\ninteroperability could be applied in the cards market, in addition\nto addressing the obstacles
\nmentioned above, particularly for the choice of the\nacquirer and the commercial rules.
\n(5) Payments security and data\nprotection:\nthe security of\nretail payments is a crucial prerequisite for payment users and\nmerchants alike. The public consultation on the future of\ne-commerce in the internal market confirmed this and identified\npayments security as one of the key hurdles preventing the\nwidespread adoption of electronic commerce.
\nThe continuous replacement of signature-based\ncards (equipped with a magnetic stripe for card reading) by\nChip and PIN (EMV-compliant) cards has helped reduce\nfraud significantly at the point-of-sale at European level. While\nthis helped to drive down card fraud in physical payment\ntransactions, fraudulent activity is now increasingly moving to\nremote card transactions, in particular to payments over the\ninternet.
\nA second important issue in this field is data\nprotection. All payment means referred to in this document imply\nthe processing of personal data and the use of electronic\ncommunication networks. It is crucial that authentication\nmechanisms for payment transactions are designed from the\noutset to include the necessary measures to ensure compliance with\ndata protection requirements.
\n(6) Governance:\nuntil now, SEPA has been predominantly run as a\nself-regulatory project, set up and managed by the European banking\nindustry through the EPC, with the strong support of the ECB and\nthe Commission. With the adoption of the Regulation establishing\ntechnical requirements for credit transfers and direct debits in\neuros a more active involvement of the EU institutions in the\nSEPA governance may be useful. In this context, a more\nprominent role for the legislative and regulatory oversight\nthrough, for example, the ECB, the Commission or the European\nBanking Authority (EBA) could be considered.
\nIn areas such as creating a proper framework for e-\nand m-payments, integration efforts have been slow to produce\ntangible results, thereby delaying interoperability, innovation,\nincreased choice and scale effects. Deadlocks and uncertainties may\nlead to market participants taking a wait and see\nattitude. Given the current lack of commitment to such an important\ninitiative for the European economy as a whole, achieving an\nintegrated market requires taking a comprehensive approach\ninvolving regulation, self-regulation and competition law\ncompliance and enforcement.
\nAll interested parties are invited to submit their\nviews in response to the above questions.
\nThe Committee on Economic and Monetary Affairs adopted\nan own-initiative report by Sampo TERHO (EFD, FI) on the Green\nPaper Towards an integrated European market for card,\ninternet and mobile payments.
\nMembers commend the Commission for providing the Green\nPaper, find the considerations and questions posed therein to be\nhighly relevant, and fully agree with the listed aims to get more\ncompetition, more choice, more innovation and more payment\nsecurity, as well as customer trust.
\nThe main recommendations contained in the report are\nas follows:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, the\ncommittee recognises that self-regulation may not achieve\ndesired outcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nThe report points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent. They therefore call upon the\nCommission also to consider in the future the cost, peculiarities\nand societal impacts of cash and cheque payments, for all market\nplayers and consumers, as compared to other payment methods. They\nstress that actions towards common technical standards shall be\ntaken in the light of the importance, effectiveness and sufficiency\nof the standards currently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe report underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the report\ncalls on the Commission to propose a better SEPA governance,\ncovering the organisational setup related to the development of the\nmain features of payment services and of the implementation of the\nrequirements which need to be met, and allowing the development of\ntechnical and security standards to be organised separately in\nsupport of the implementation of the related\nlegislation.
\nMembers favour a more balanced representation of\nall stakeholders in the further development of common technical\nand security standards for payment systems. The Commission is\ncalled upon to answer Parliaments previous calls for reform\nof SEPA governance so as to ensure better representation of payment\nservices users in the decision-making and standard-setting\nprocess.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the\nMIF may be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, the report\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options.
\nThe report favours MIFs being regulated at the\nEuropean level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates.
\nSurcharging: the report\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nThey are generally not in favour of third-party\naccess to a customer's bank account information unless the\nsystem is demonstrably secure and has been thoroughly tested. They\nnote that, in any regulation, third-party access should be limited\nto binary ('yesno') information on the availability of funds, and\nthat special attention should be paid to security, data protection\nand consumer rights.
\nThe European Parliament adopted a resolution on the\nGreen Paper Towards an integrated European market for\ncard, internet and mobile payments.
\nMembers note that the European market for card,\ninternet and mobile payments is at present still fragmented across\nnational borders and only a few big players are able to get\nacceptance by merchants and to operate on a cross-border basis.\nWhilst welcoming the Green Paper and fully agreeing with the listed\naims, they note that the latter does not tackle the costs and\nsocietal impacts of cash or cheque payments in comparison with\ncard, internet and mobile payments, thus preventing a comparative\nanalysis of the economic and welfare costs and societal impacts of\npayments by cash or cheque.
\nParliament makes the following principal\nrecommendations:
\nThe different payment methods: although noting the importance of market-based\nself-regulation in cooperation among all stakeholders, Parliament\nrecognises that self-regulation may not achieve desired\noutcomes in an acceptable timeframe due to conflicting\ninterests. It expects the Commission to come forward with necessary\nlegislative proposals in order to help ensure a true Single\nEuropean Payments Area (SEPA) for card, internet and mobile\npayments, and notes in this respect the importance of the\nforthcoming review of the Payment Services Directive.
\nParliament points out that a safe, trustworthy and\ntransparent European framework for electronic payments is\nessential for the launch of a digital single market. It stresses\nthat measures should be taken to put an end to the frequent\ndiscrimination of European consumers whose payments for\ncross-border online transactions are not accepted because of their\nprovenance.
\nMembers regret that, in the current situation, most\npayment costs are non-transparent, pointing out that those that\ndo not use expensive payment methods still cover their costs. They\nask the Commission, therefore, also to consider in the future the\ncost, peculiarities and societal impacts of cash and cheque\npayments, for all market players and consumers, as compared to\nother payment methods. They recall that all Europeans should\nhave access to basic banking services and stress that actions\ntowards common technical standards shall be taken in the light of\nthe importance, effectiveness and sufficiency of the standards\ncurrently in place in Europe.
\nStandardisation: Members\nconsider further work on common technical standards, on an\nopen access basis, could enhance the competitiveness of the\nEuropean economy and the functioning of the internal market, but\nwould also foster interoperability and bring security-related\nadvantages in the form of common security standards, to the benefit\nof both consumers and merchants.
\nMembers note that for internet and mobile payments,\nmost standards should be the same as for current SEPA-payments, but\nnew standards are needed for security and identification of\ncustomers, and to provide interbank online real-time\ndelivery.
\nThe resolution underlines that, given the fast-growing\nbut, at present, immature phase of market development for\nelectronic and mobile payments, imposing mandatory standards in\nthese key areas for the enhancement of the digital single market in\nEurope would entail the risk of negative effects for innovation,\ncompetition and market growth.
\nIn Members opinion, any standardisation and\ninteroperability requirements should be aimed at enhancing the\ncompetitiveness, transparency, innovative nature, payment security\nand effectiveness of the European payment systems, to the advantage\nof all consumers and other stakeholders. Furthermore, common\nstandards should be sought at global level as well, in close\ncooperation with the EUs key economic partners.
\nGovernance: the\nresolution calls on the Commission to propose a better SEPA\ngovernance, covering the organisational setup related to the\ndevelopment of the main features of payment services and of the\nimplementation of the requirements which need to be met, and\nallowing the development of technical and security standards to be\norganised separately in support of the implementation of the\nrelated legislation.
\nMembers favour a more balanced representation of all\nstakeholders in the further\ndevelopment of common technical and security standards for payment\nsystems. The Commission is called upon to answer Parliaments\nprevious calls for reform of SEPA governance so as to ensure better\nrepresentation of payment services users in the decision-making\nand standard-setting process.
\nMultilateral Inter-change Fees (MIFs):\nrecalling that according to the European Court\nof Justice ruling on the \"Mastercard case\" of 24 May 2012, the MIF\nmay be considered anticompetitive, Members ask the\nCommission to propose how this ruling should be taken into account\nin regulating the business models for card, mobile or internet\npayments.
\nNoting that current MIF revenues are in many cases\ntoo high relative to the costs they should cover, Parliament\npoints out that there might be a need to balance different payment\ncharges in order to ensure that cross-subsidising practices would\nnot promote inefficient instrument choices. Members call on the\nCommission to ensure by regulation that MIFs no longer\ndistort competition by creating barriers to new market entrants and\ninnovation and to conduct an impact assessment, by the end of 2012,\non the different options. Parliament notes that after a\ntransitional period, a person coming from any Member State should\nhave his or her SEPA-compatible payment card accepted at every\npayment terminal in the SEPA, and that the payment should be safely\nrouted. Noting further that this requirement might imply that MIFs\nneed to be regulated to fall under a threshold, Parliament insists\nthat this should not result in an increase of MIFs in any Member\nState but rather to a decrease and, perhaps, a reduction\ntowards zero at some later stage.
\nParliament considers that MIFs should be regulated at\nthe European level, with the aim of ensuring easier access for new\nmarket players to cross-border acquiring, thereby providing\nmerchants with a real choice of which payment schemes they wish to\njoin. It points out that if the new legislative proposal provides\nfor fees, full transparency should be ensured on the elements that\nconstitute their rates. Recalling that Article 5 of Regulation (EU)\nNo 260/2012 on credit transfers and direct debits in euros provides\nthat no per-transaction MIF can be applied after 1 February 2017,\nthe resolution calls for the same approach for card\npayments.
\nSurcharging: Parliament\nstresses that it is necessary to require greater transparency\nand better consumer information regarding surcharges and\nadditional fees for the various payment methods. Members note that\nsurcharging based solely on the payment choice made by a customer\nrisks being arbitrary, might be abused to raise additional revenue\nrather than to cover cost. They consider that it would be important\nto ban the possibilities for excessive surcharges in\nrelation to the merchant fee of an individual transaction, and to\ncontrol rebates and similar consumer steering practices in all the\nMember States.
\nMembers stress, therefore, that merchants should\naccept one commonly used payment instrument without any\nsurcharge (SEPA-compliant debit card, e-payment), and that any\nsurcharges on other instruments may not at any point exceed the\nadditional direct costs of those instruments compared to the\ninstrument accepted without surcharge.
\nPayment security: Members consider that the minimum security\nrequirements for internet, card and mobile payments should be\nthe same in all Member States, and that there should be a\ncommon governing body setting the requirements. They recall that\nwhile the final responsibility for security measures relating to\ndifferent payment methods cannot lie with customers, they should be\ninformed about security precautions, and financial institutions\nshould be responsible for fraud costs, unless caused by the\ncustomer.
\nParliament is generally not in favour of\nthird-party access to a customer's bank account information\nunless the system is demonstrably secure and has been thoroughly\ntested. It notes that, in any regulation, third-party access should\nbe limited to binary ('yesno') information on the\navailability of funds, and that special attention should be paid to\nsecurity, data protection and consumer rights.
\n