Ad
It will be easier to make cashless payments across the bloc (Photo: www.freeimages.co.uk)

EU demolishes financial walls in single market

The EU is one step closer to a single European payment area after the European Parliament backed plans for new rules to make cross-border payments with debit or credit cards across the bloc as easy as domestic payments.

MEPs gathering in Strasbourg this week adopted on Tuesday (24 April) a report by French centre-right MEP Jean-Paul Gauzes on "payment services in the internal market."

EU finance ministers already endorsed the new rules when they met in Brussels last month paving t...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
It will be easier to make cashless payments across the bloc (Photo: www.freeimages.co.uk)

Tags

Ad
Ad
Ad