von | Jul 12, 2024 | Verbandspositionen

EU businesses’ competitiveness impacted by current cards payments
landscape – a call for urgent action

Jul 8, 2024

📢 Ecommerce Europe, together with EACT – European Association of Corporate Treasurers, EuroCommerce, and Independent Retail Europe, united in expressing their concerns about the lack of competition in the European Payments landscape to the European Commission

💳 Together, we point to the dominant size and practices of large international card schemes and wallet providers. These practices hurt the Hashtagcompetitiveness of EU businesses, an impact that disproportionately affects smaller Hashtagmerchants at a time when all efforts should be focused on tackling the cost of living issue of consumers.

📢 Together, we call on the new Commission to treat this issue as a Hashtagpriority and take urgent action.

👇 Read more about our joint call for action here👇

 

Download the Open Letter here (pdf)

Florian Seikel

Florian Seikel

Managing Director

Tel. +49 162-2561001