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Europe Daily Bulletin No. 9760

14 October 2008
Contents Publication in full By article 15 / 36
GENERAL NEWS / (eu) eu/financial services
Commission wants greater competition in e-money market

Brussels, 13/10/2008 (Agence Europe) - On Monday 13 October, the European Commission submitted its recasting of the 200/46/EC e-Money Directive. This aims to facilitate market access for new operators such as those from the mobile phone sector. It notes that the current volume of e-money is extremely low, mainly because of the number of payment market entrants after adoption of the e-Money directive was not as high as expected. In August 2007, the amount circulating on the e-money market was...

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