Single European Payment Area: Opportunities for Consumers and Corporates

Lucia Leonelli

Chapter 13 in New Drivers of Performance in a Changing Financial World, 2009, pp 235-249 from Palgrave Macmillan

Abstract: Abstract Payment systems enable the transfer of funds between economic agents and efficient and reliable cross-border payments services are essential for the smooth functioning of markets. In the European market, large-value payment systems and cash are consolidating. In securities settlement systems, there have been some advances, but little progress has been made in terms of integrating retail payment systems.

Keywords: Euro Area; Payment System; European Central Bank; Credit Institution; Payment Service (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-59481-4_13

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DOI: 10.1057/9780230594814_13

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