1. Bruxelles 14.03.2005jean allix1 Using the euro abroad : cross- border issues Jean Allix DG Internal Market and Services. European Commission

2. Bruxelles 14.03.2005jean allix2 01/01/2002 : Birth

3. Bruxelles 14.03.2005jean allix3 70.6 % N 29.4%

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5. Bruxelles 14.03.2005jean allix5 Institution originator Beneficiary Institution Border Credit transfer card cheque Direct debit

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9. Bruxelles 14.03.2005jean allix9 Fees for 100

10. Bruxelles 14.03.2005jean allix10 Genova Palermo Nizza Domestic ?

11. Bruxelles 14.03.2005jean allix11 border

12. Bruxelles 14.03.2005jean allix12 After the single market After the single currency

13. Bruxelles 14.03.2005jean allix13 19/12 2001 14 for, 1 against Regulation 2560/2001 JOCE L 344 28/12/2001 Regulation 2560/2001 JOCE L 344 28/12/2001

14. Bruxelles 14.03.2005jean allix14 Article 1 Subject matter and scope This Regulation lays down rules on cross-border payments in euro in order to ensure that charges for those payments are the same as those for payments in euro within a Member State.

15. Bruxelles 14.03.2005jean allix15 Cross-border or national article 3 Payment by card 01/O7/2002 Credit transfer 01/07/2003 Withdrawal in ATM 01/07/2OO2

16. Bruxelles 14.03.2005jean allix16 Card :networks Acquirer Cardholders Merchant shop Issuer Visa Mastercard Sinsys

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18. Bruxelles 14.03.2005jean allix18 Credit transfer Bank 1 Bank 2 MT 103+ IBAN+BIC IPI IBAN IBAN+BIC IPI ?

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20. Bruxelles 14.03.2005jean allix20 Payment service provider Payer Payee Payment service provider Border contract ? (mandate) Contract? (mandate) DIRECT DEBIT Payment order Initiated by the payee

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23. Bruxelles 14.03.2005jean allix23 COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT concerning a New legal Framework for Payments in the Internal Market COM(2003) 718 December 2003 http://europa.eu.int/comm/internal_market/payments/framewor k/communication_en.htm

24. Bruxelles 14.03.2005jean allix24 Why a New Legal Framework ? internal Market for payments : harmonisation efficient and secure payment means and systems (new technologies) consumer confidence in all means of payment fair competition and level-playing field the efforts of the industry: SEPA (EPC works) Competition between payment instruments

25. Bruxelles 14.03.2005jean allix25 Transparenc y Consumer protection Securit y Competitio n and level- playing field Internal Market: No- discrimin ation Efficienc y Fight against terrorism OUR/ BEN/ SHARE (14) Executio n time (15) Information requirements (2) Value dates (4) Legal certainty Refund in case of non- delivery (11) ADR (9)Unauthorised transactions (13) Non/defec tive execution (12) Portabilit y (5) Customer mobility (6) Right to provide payment services (1) Revocabil ity (10) Direct debiting (16) FATF SR VII (8) Data protection (18) Evaluation of security of payment instruments (7) Digital signature (19) Security of networks (20) Breakdow n of payment network (21) Non- resident accounts (3) Cash circulation (17)

26. Bruxelles 14.03.2005jean allix26 Mobile payments

27. Bruxelles 14.03.2005jean allix27 Payment Service Provider Payer Payee Payment Service Provider ACH Payer Psp Payee Psp Relationships Self regulation

28. Bruxelles 14.03.2005jean allix28 questions jean.allix@cec.eu.int http://europa.eu.int/comm/internal_market/en /payment/index.htm