JUST A FOLLOW-UP TO THE MASTERCARD MOBILE PAYMENT

 THE MASTERCARD MOBILE PAYMENT

PRESS RELEASE TO ALL WHOM IT CONCERNS

http://ec.europa.eu/internal_market/consultations/docs/2012/cim/com_2011_941_en.pdf)

As a follow-up to my previous update „Introducing Mastercard Mobile Payment”, the European Commission has provided the Green Paper this subject.   This paper addresses specific aspects related to the functioning of the payments market for cards, e-payments  and  m-payments.

Below are the themes of the European Commission’s Green Paper

Table of contents:

  • Current payments landscape and its shortfalls
  • Core payment instruments … credit transfers and direct debits
  • Payment cards
  • Payments through the Internet (e-payments)
  • Mobil payments (m-payments)
  • Vision and Objectives
  • The need to foster and accelerate market integration
  • Market fragmentation, market access and market entry across borders
  • Multilateral Inter-change Fees (MIFs)
  • Cross-border acquiring
  • Co-badging
  • Separating card schemes and card payment processing
  • Compliance with the SEPA cards Framework (SCF)
  • Information  on the availability of funds
  • Dependence on payment card transactions
  • Transparent and cost-effective pricing of payment services for the consumers, retailers and other businesses
  • Consumer – merchant relationship  – transparency
  • Merchant payment service provider relationship
  • Standardisation
  • Card payments
  • E- and m-payments
  • Interoperability between service providers
  • Interoperability in the domain of m-payments
  • interoperability in the domain of e-payments
  • Interoperability and competition
  • Payments security
  • Strategy implementation – Governance
  • The Governance of the SEPA

All interested parties are invited to submit their views in response. Contributions should be sent to the below e-mail address to reach the Commission by the deadline date: April, 11. 2012. To: markt-sepa@ec.europa.eu

It is also important to stress, that the contributions will be published on the Internet. So important to read the specific privacy statement accompanying the Green Paper for information on how your personal data and contribution will be dealt with.

Update by Aggie Reiter

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