Retail payments for the EU (Communication)

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Adopted on 24/03/2021 - Bureau decision date: 28/10/2020
Reference
INT/920-EESC-2020
Opinion Type
Optional
Referral
COM(2020) 592 final
Rapporteur
Antonio GARCÍA DEL RIEGO
Employers - GR I
Spain
Co-rapporteur
Kęstutis KUPŠYS
Civil Society Organisations - GR III
Lithuania
Retail
Financial markets

The EESC shares the Commission's view on the strategic importance of payments and that further work is needed to enable payment transactions within the single market using new home-grown, pan-European payment solutions. It also supports the view that the Commission should act as a political catalyst, whilst it is the private sector that should design the innovative digital payment solutions. The EESC believes that relevant market players should be subject to appropriate legislation, supervision and oversight, ensuring a level playing field among those offering the same services and activities.

For more information please contact the INT Section Secretariat.

 

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