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Image header Agence Europe
Europe Daily Bulletin No. 9080
Contents Publication in full By article 38 / 42
GENERAL NEWS / (eu) eu/financial services

01/12/2005 (Agence Europe) - The European banking network EUFISERV says 'is ready for the advent of the Single Euro Payment Area (SEPA), the creation of which is demanded by the European Regulators such as the European Commission and the European Central Bank. In SEPA, the European consumer shall be able to make payments throughout the whole Euro area by using one card as easily and safely as a national card payment is today,' (see other article on Charlie McCreevy's press conference and EUROPE 9071). In a press release EUFISERV says it pledges to play a leading role in setting up SEPA: 'The company (has been) restructured to enable the delivery of card payment processing services at market conditions to any relevant organisation and no longer only to its own shareholders.'

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