The Commission's proposed regulation on payment services will legitimize dynamic currency conversion (DCC), a practice where consumers are charged a hefty mark-up to pay bills on card in their own currency, writes Eric Grover.
Europe would benefit from more, not less, dynamism, competition and innovation in payments if MEPs rejected the Commission's proposal for maximum interchange fee levels for transactions in the EU, writes Eric Grover.
The need for fast, accurate and balanced information is always important. We value EURACTIV's good, independent journalism and support this initiative
Mella Frewen, Director General of FoodDrinkEurope
EURACTIV plays a vital role in bringing Europe closer to its citizens. EURACTIV has long recognised that the story of Europe has to be told across the continent, and not just in Brussels. We need to support a truly European and informed debate.