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E-money reforms pave the way for new competitors in European payments market

E-money reforms pave the way for new competitors in European payments market

The European Commission has approved proposals for a fundamental reform of the rules governing electronic money institutions, paving the way for mobile operators and other ‘hybrid’ institutions to obtain e-money licenses. Finextra.com writes – The compromise text for a new Directive has been agreed by the Committee of Permanent Representatives (COREPER) under the aegis of [...]

The post E-money reforms pave the way for new competitors in European payments market appeared first on Payments Cards & Mobile.

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