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| The forum on 15th October 2003 in Brussels. |
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| "Which bankcard system for Europe?" This
was the essential question for the creation of a Payment Europe that
participants attempted to answer at a discussion forum organised by
Confrontations
Europe and Cartes Bancaires CB on 15th October 2003 in
Brussels at the European Parliament.
All speakers (Heads of European institutions and Cartes Bancaires)
came to the same conclusion: cards, which account for one quarter
of all scriptural transactions in Europe, will be the prime method
of payment within a decade. Given this situation, three main requirements
were highlighted: improve instruments for combating fraud, further
harmonise standards and regulations, and introduce a European legislation
framework. |
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