June 2014: Creation of the European Card Payment Association

 

Decision to bring together in a non profit association
  •  ”domestic card schemes”: card schemes  whose brand is currently used only within the European Economic Area (EEA)
  •  organisations which manage essential functions such as type approval only within the European Economic Area (EEA)
GOAL: to represent the interests of its Members’ interests in discussions by monitoring, evaluating and reacting  to initiatives concerning
  • EU regulation impacting the use / users of payment cards or similar payment instruments,
  • measures intended to promote the creation of a single European market for card payments
  • security and standardization concerning cards and similar payment instruments