Payments News -

New schemes vital to Sepa for cards success – ECB’s Tumpel-Gugerell

MasterCard and Visa need to be challenged by at least one new scheme if Sepa (Single euro payments area) for cards is to succeed, according to ECB executive board member Gertrude Tumpel-Gugerell. In a speech at the EFMA conference on cards and payments, Tumpel-Gugerell says a single market for cards is the "missing piece in [...]

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