Directive 2007/64 - Payment services in the internal market

Please note

This page contains a limited version of this dossier in the EU Monitor.

Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This directive was in effect from December 25, 2007 until January 12, 2018 and should have been implemented in national regulation on November  1, 2009 at the latest.

2.

Key information

official title

Directive 2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC
 
Legal instrument Directive
Number legal act Directive 2007/64
Original proposal COM(2005)603 EN
CELEX number157 32007L0064

3.

Key dates

Document 13-11-2007
Publication in Official Journal 05-12-2007; OJ L 319, 5.12.2007,Special edition in Croatian: Chapter 10 Volume 002
Effect 25-12-2007; Entry into force Date pub. +20 See Art 95
End of validity 12-01-2018; Repealed and replaced by 32015L2366
Transposition 01-11-2009; At the latest See Art 94.1

4.

Legislative text

5.12.2007   

EN

Official Journal of the European Union

L 319/1
 

DIRECTIVE 2007/64/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 13 November 2007

on payment services in the internal market amending Directives 97/7/EC, 2002/65/EC, 2005/60/EC and 2006/48/EC and repealing Directive 97/5/EC

(Text with EEA relevance)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular the first and third sentences of Article 47(2) and Article 95 thereof,

Having regard to the proposal from the Commission,

Having consulted the European Economic and Social Committee,

Having regard to the opinion of the European Central Bank (1),

Acting in accordance with the procedure laid down in Article 251 of the Treaty (2),

Whereas:

 

(1)

It is essential for the establishment of the internal market that all internal frontiers in the Community be dismantled so as to enable the free movement of goods, persons, services and capital. The proper operation of the single market in payment services is therefore vital. At present, however, the lack of harmonisation in this area hinders the operation of that market.
 

(2)

Currently, the payment services markets of the Member States are organised separately, along national lines and the legal framework for payment services is fragmented into 27 national legal systems.
 

(3)

Several Community acts have already been adopted in this area, namely Directive 97/5/EC of the European Parliament and of the Council of 27 January 1997 on cross-border credit transfers (3) and Regulation (EC) No 2560/2001 of the European Parliament and of the Council of 19 December 2001 on cross-border payments in euro (4), but these have not sufficiently remedied this situation any more than have Commission Recommendation 87/598/EEC of 8 December 1987 on a European Code of Conduct relating to electronic payment (relations between financial institutions, traders and service establishments, and consumers) (5), Commission Recommendation 88/590/EEC of 17 November 1988 concerning payment systems, and in particular the relationship between cardholder and card issuer (6), or Commission Recommendation 97/489/EC of 30 July 1997 concerning transactions by electronic payment instruments and in particular the relationship between issuer and holder (7). These measures continue to be insufficient. The co-existence of national provisions and an incomplete Community framework gives rise to confusion and a lack of legal certainty.
 

(4)

It is vital, therefore, to establish at Community level a modern and coherent legal framework for payment services, whether or not the services are compatible with the system resulting from the financial sector initiative for a single euro payments area, which is neutral so as to ensure a level playing field for all payment systems, in order to maintain consumer choice, which should mean a considerable step forward in terms of consumer cost, safety and efficiency, as compared with the present national systems.
 

(5)

That legal framework should ensure the coordination of national provisions on prudential requirements, the access of new payment service providers to the market, information requirements, and the respective rights and obligations of payment services users and providers. Within that framework, the provisions of Regulation (EC) No 2560/2001, which created a single market for euro payments as far as prices are concerned, should be maintained. The provisions of Directive 97/5/EC and the recommendations made in Recommendations 87/598/EEC, 88/590/EEC and 97/489/EC should be integrated in a single act with binding force.
 

(6)

However, it is not appropriate for that legal framework to be fully comprehensive. Its application should be confined to payment service providers whose main...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

This page is also available in a full version containing the summary of legislation, de geconsolideerde versie, the legal context, de Europese rechtsgrond, other dossiers related to the dossier at hand and finally the related cases of the European Court of Justice.

The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

8.

EU Monitor

The EU Monitor enables its users to keep track of the European process of lawmaking, focusing on the relevant dossiers. It automatically signals developments in your chosen topics of interest. Apologies to unregistered users, we can no longer add new users.This service will discontinue in the near future.

  • 1. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 2. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 3. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 4. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 5. 
    CapGemini, 2005.

     
  • 6. 
    McKinsey, 2005 and others e.g. Van Hove, De Grauwe, T. ten Raa, EPC, Dutch National Bank, Sveriges Riskbank.

     
  • 7. 
    COM (2005) 330 and SEC (2005) 981 of 20.7.2005.

     
  • 8. 
    COM (2005) 24 of 2.2.2005.

     
  • 9. 
    Payment System Government Expert Group and Payment System Market Group.

     
  • 10. 
    Most of the documents have been made publicly available oneuropa.eu.int/comm/internal_market/payments/.

     
  • 11. 
    MARKT/208/2001 and MARKT/4007/2002.

     
  • 12. 
    COM (2003) 718 final.

     
  • 13. 
    COM (2000) 36 final, public working document on a new legal framework (2002), COM (2003) 718 final.

     
  • 14. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 15. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 16. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 17. 
    OJ C , , p. .

     
  • 18. 
    OJ C , , p. .

     
  • 19. 
    OJ C , , p. .

     
  • 20. 
    OJ C , , p. .

     
  • 21. 
    OJ L 43, 14.2.1997, p. 25.

     
  • 22. 
    OJ L 344, 28.12.2001, p. 13.

     
  • 23. 
    OJ L 365, 24.12.1987, p. 72.

     
  • 24. 
    OJ L 317, 24.11.1988, p. 55.

     
  • 25. 
    OJ L 208, 2.8.1997, p. 52.

     
  • 26. 
    OJ L 126, 26.5.2000, p. 1.

     
  • 27. 
    OJ L 275, 27.10.2000, p. 39.

     
  • 28. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 29. 
    OJ L 124, 20.5.2003, p. 36.

     
  • 30. 
    OJ L 281, 23.11.1995, p. 31.

     
  • 31. 
    OJ L 144, 4.6.1997, p. 19; Directive as last amended by Directive 2005/29/EC (OJ L 149, 11.6.2005, p. 22).

     
  • 32. 
    OJ L 271, 9.10.2002, p. 16; Directive as amended by Directive 2005/29/EC.

     
  • 33. 
    OJ L 184, 17.7.1999, p. 23.

     
  • 34. 
    CapGemini, 2005.

     
  • 35. 
    OJ L 309, 25.11.2005, p. 15.

     
  • 36. 
    COM (2003) 718 final.

     
  • 37. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 38. 
    OJ L 166, 11.6.1998, p. 45.

     
  • 39. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 40. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 41. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 42. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 43. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 44. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 45. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 46. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 47. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 48. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 49. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 50. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 51. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 52. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 53. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 54. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 55. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 56. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 57. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 58. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 59. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 60. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 61. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 62. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 63. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 64. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 65. 
    Directive 1999/93/EC of the European Parliament and of the Council of 13 December 1999 on a Community framework for electronic signatures (OJ L 13, 19.1.2000, p. 12).

     
  • 66. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 67. 
    CapGemini, 2005.

     
  • 68. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 69. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 70. 
    CapGemini, 2005.

     
  • 71. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 72. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 73. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 74. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 75. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 76. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 77. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 78. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 79. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 80. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 81. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 82. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 83. 
    COM (2005) 24 of 2.2.2005.

     
  • 84. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 85. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 86. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 87. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 88. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 89. 
    OJ L 43, 14.2.1997, p. 25.

     
  • 90. 
    OJ L 344, 28.12.2001, p. 13.

     
  • 91. 
    OJ L 365, 24.12.1987, p. 72.

     
  • 92. 
    OJ L 317, 24.11.1988, p. 55.

     
  • 93. 
    OJ L 208, 2.8.1997, p. 52.

     
  • 94. 
    OJ L 126, 26.5.2000, p. 1.

     
  • 95. 
    OJ L 275, 27.10.2000, p. 39.

     
  • 96. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 97. 
    OJ L 124, 20.5.2003, p. 36.

     
  • 98. 
    OJ L 281, 23.11.1995, p. 31.

     
  • 99. 
    OJ L 144, 4.6.1997, p. 19; Directive as last amended by Directive 2005/29/EC (OJ L 149, 11.6.2005, p. 22).

     
  • 100. 
    OJ L 271, 9.10.2002, p. 16; Directive as amended by Directive 2005/29/EC.

     
  • 101. 
    OJ L 184, 17.7.1999, p. 23.

     
  • 102. 
    CapGemini, 2005.

     
  • 103. 
    OJ L 309, 25.11.2005, p. 15.

     
  • 104. 
    COM (2003) 718 final.

     
  • 105. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 106. 
    OJ L 166, 11.6.1998, p. 45.

     
  • 107. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 108. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 109. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 110. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 111. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 112. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 113. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 114. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 115. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 116. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 117. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 118. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 119. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 120. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 121. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 122. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 123. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 124. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 125. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 126. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 127. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 128. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 129. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 130. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 131. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 132. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 133. 
    Directive 1999/93/EC of the European Parliament and of the Council of 13 December 1999 on a Community framework for electronic signatures (OJ L 13, 19.1.2000, p.
     
  • 134. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 135. 
    CapGemini, 2005.

     
  • 136. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 137. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 138. 
    CapGemini, 2005.

     
  • 139. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 140. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 141. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 142. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 143. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 144. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 145. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 146. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 147. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 148. 
    Estimates of savings are based on a McKinsey study, 2005.

     
  • 149. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 150. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 151. 
    COM (2005) 24 of 2.2.2005.

     
  • 152. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 153. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 154. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 155. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 156. 
    Studies (e.g. VISA International and the Commonwealth Business Council, 2004) claim that for every ten per cent increase in the share of electronic payments in an economy, consumption is stimulated by as much as half a percent.

     
  • 157. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 158. 
    EUR-lex provides an overview of the proposal, amendments, citations and legality.