EU finance ministers have unanimously supported a new package of rules for making payments across the union without extra charges. The move could lead to cross-border payment transactions costing the same as payments within one member state.
The so-called Payment Services Directive, adopted on Tuesday (27 March), provides the legal framework for a single payments area - with no national barriers to impede companies from offering their services across borders and no extra fees for consu...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login