At a glance

On Wednesday 16 October 2013, at the Thon Hotel EU, in Brussels, European Voice will hold an evening debate to examine the issues affecting the development of genuine pan-European cross-border payment services which harness the full potential of the wave of technological advances that will transform consumer experience in the coming years.

Join us to discuss:

• the market potential for new payment services
• the barriers to a single European payment market and how to remove them
• ways to share the costs and benefits of modern payment systems

Why this event?

The landscape for payments is undergoing a rapid technological revolution. Internet and mobile payments are growing fast as consumers make ever more purchases online and smartphones allow shoppers to pay for transactions via their handsets.

The market for internet and mobile payments is expected to grow exponentially in the coming decade. Some estimates put the value of m-payments, payments by mobile phones, as high as €250 billion a year by 2014.

The European Commission has identified the need to promote an integrated European market for card, internet and mobile payments services. In July it published a directive to promote a single market for on payment services and a regulation on interchange fees.

Speakers:

• Erik Nooteboom, head of unit, retail financial services and consumer policy at the European Commission's DG internal market
• Pablo Zalba Bidegain MEP, vice-chair of the committee on economic and monetary affairs
• Jennifer Rademaker, senior vice-president core products Europe, MasterCard
• Martin Weiderstrand, senior EU policy adviser, IKEA
• Antonio Longo, president, Movimento di Difesa del Cittadino / Member of the European Economic and Social Committee