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Extracts from the press conference by Michel Barnier on the Green Paper seeking the views of stakeholders on the obstacles hindering further integration in the European market for card, internet and mobile payments and how these could be resolved

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On 11 January 2012, Michel Barnier, Member of the EC in charge of Internal Market and Services, gave a press conference to present the Green Paper seeking the views of stakeholders on the obstacles hindering further integration in the European market for card, internet and mobile payments and how these could be resolved. The deadline for submitting contributions to the consultation is 11 April 2012. The electronic payments are essential for every consumer, either when buying something at the points-of-sale or while shopping on the internet. Throughout the EU, more than 700 million payment cards are in use, e-commerce is offering tremendous opportunities and the number of smart phones is increasing at a dramatic rate.
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Type: EbS   Reference: 82113   Date: 11/01/2012   Duration: 00:01:50
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