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The Outlook for European Payments 2011

Searching Finance, Jan 2011, Pages: 76


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A year after the transposition of the Payment Services Directive (PSD) and implementation of the Single Euro Payments Area (SEPA), European payments professionals are overwhelmingly disappointed with the progress, or lack of it, in harmonising and regulating an integrated European payments market.

Meanwhile, new competitors are registering rapidly as new payments Institutions and are creating major challenges for traditional banks. This data-supported worldwide survey of more than 320 payments professionals from 42 nations sets out the industry’s views on developments in the EU, the impact of the PSD, the development of SEPA, and payments innovations.



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