Brussels, 06/05/2015 (Agence Europe) - Representatives of the European Parliament and Latvian Presidency of the Council of the EU struck agreement in principle on Tuesday 5 May on the revision of the payment services directive.
The aim of the review is to boost the security of payments in the digital age, encourage competition on the payments market and boost consumer protection (see EUROPE 11213).
“The EU payment services market remains fragmented and expensive, costing €130 billion,...