European Commission Sets out EU Retail Payments Strategy
By EsqSocial Corporation 22/10/20
The European Commission has published a Communication on its EU retail payments strategy for the coming years. The payments sector has experienced significant change in recent years. Retail payments are increasingly dematerialized and disintermediated, with large technology companies playing a more significant part in the payments sector. The EU payments market is also largely fragmented along national borders, leading to a small number of large firms providing cross-border services and...
By: Shearman & Sterling LLP