| Author (Corporate) | European Commission: DG Internal Market and Services |
|---|---|
| Series Title | Single Market News |
| Series Details | No.45 May 2007 |
| Publication Date | May 2007 |
| ISSN | 1830-5210 |
| Content Type | Journal | Series | Blog |
|
The European Parliament gave the green light in April 2007 to the proposed Payment Services Directive and lifts the last major obstacle for Member States to implement the new rules in national law by November 2009. The Directive underpins the Single European Payment Area (SEPA) which aims to ensure that cross-border payments - in particular credit transfer, direct debit and card payments – become as easy, efficient, and secure as domestic payments within a Member |
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| Source Link | http://ec.europa.eu/internal_market/smn/smn45/index_en.htm |
| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
