In January 2012, the EU Commission started a consultation on the Green Paper – Towards an integrated European market for card, internet and mobile payments. The purpose is to collect information from all interested stakeholders on the existing situation of the card, internet and mobile payments market and the potential hurdles for integration at European level in these markets.
The consultation includes 32 questions to the stakeholders, which cover areas such as:
- regulation of the multilateral interchange fee for four party card schemes
- card scheme rules on cross-border acquiring, co-badging, surcharging and scheme-governance,
- standardisation, interoperability and security requirements for payments,
- governance of the SEPA-activities in Europa.