In person event
Payment markets have significantly transformed over the last few decades, both globally and at EU level. As consumer demand for digital solutions grows, innovations have surged throughout the EU’s retail payment ecosystem. New players have entered the market, while established ones are capitalising on emerging opportunities. Consumers now benefit from more choice, as well as a more personalised digital payment experience.
The EU currently enjoys a well-functioning payment market but as the landscape continues to evolve, its dynamism cannot be taken for granted. To meet the needs of consumers and merchants, and remain competitive globally, the pace of innovation must be sustained.
Obstacles to competition and innovation should be removed, and investment encouraged. The EU’s payment infrastructure also needs to be strengthened to support tnew forms of
innovation, while strategies to address emerging fraud threats must be developed. Strategic autonomy concerns must also be tackled.
A new CEPS-ECRI Task Force report calls for a new European retail payments policy with a longterm vision that drives the continued development of a competitive, innovative, resilient and
fair payments market that benefits both European industry and consumers.
This event will be followed by a lunch.
