EPIF is glad to share its views on the key issues of the PSD2 as currently being discussed at Council level. The paper illustrated among others the scope, the use of agents, the revocation of consent recurring transactions, access to bank services in home and host Member State for PIs, the passporting regime and others.
The Committee on Payments and Markets Infrastructures (CPMI) published a study on the role of non-banks in retail payments services and analyses the repercussions that the emergence of these entities has had on the retail payments industry. The report, conducted by central bankers, revealed a significant presence of non-banks in all stages of the payment process and [...]
The European Payment Institutions Federation is pleased to share its views on the draft Interchange Fees Regulation. In its paper, EPIF articulates how a number of the central proposals in the draft Regulation would impact small market players and what this would mean for competition and consumer choice in the payments sector.
The paper on Tackling Internet Payment Security is a paper co-written by PayVision and Innopay and presents an insight to the SecuRe Pay Forum Recommendations. Either than the observations on these Recommendations, the paper also provides insights for professionals in the online payments industry.
EPIF is pleased to share its Position Paper on Access to Bank Services. This position paper identifies the various issues and concens of PIs in terms of accessing bank services.
The Paypers published on 4th May 2014 (Volume 7, Issue 4) its monthly paper focusing on updates related to SEPA. The paper discusses three main points: Regarding the ECB Secure Pay Recommendations for the Security of Internet Payments, more clarity is needed. It is also essential to take into consideration the lack of a level playing field and [...]
EPIF welcomes the publication of the proposal for a Payment Services Directive 2 (PSD 2). EPIF is hereby identifying some key issues that need to be addressed in order to improve the current proposal. This includes, amongst other topics, the passporting regime, the use of agents, the access to bank services for payment institutions, safeguarding [...]
PayVision prepared a report in 2013 on cross-border eCommerce. This was the result of a global survey conducted in 2013 which included acquirers, merchant service providers, payment service providers and online merchants. The objective of the global survey was to identify and quantify the business drivers and challenges which stakeholders face across the online payment [...]
EPIF is glad to share its views on two main issues currently discussed at Council level with regards to the review of the 3rd Anti-Money Laundering Directive: i) the introduction of CDD requirements for transfer of funds exceeding 1,000 EUR and ii) the possible re-introduction of an optional exemption for electronic money products from CDD [...]
EPIF is glad to share its views on the topic of third parties accessing payment accounts to effect payments on behalf of European consumers (also called Payment Initiation Services) as well as to make four recommendations in respect of Payment Initiation Services (“PIS”). Thanks to their safety, convenience and economic efficiency, we expect PIS to [...]