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Volume: 6 Issue: 4
(April 2004)
Keywords:
payments
eus
new
legal
framework
payments
e-commerce
depends
use
non-cash
payments
systems
european
union
currently
examining
most
effective
Payments: The EU’s new legal framework for payments
E-commerce depends on the use of non-cash payments systems. The European Union is currently examining the most effective approach to the removal of barriers to the development of a Single Payment Area within the EU. This article reviews the Commission’s recent consultative document and the responses it provoked.
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