Secure Payments Green Paper Consultation Opened
FINANCIAL PRIVACY—EUJanuary 13, 2012
In its effort to "integrate the market for cards, Internet and mobile payments," the European Commission has established a green paper consultation, TMC reports. As part of the commission's goal of a "secure and transparent integrated payments environment to create more efficient, modern and safer means of payments," the key issues being addressed as part of the consultation include payment security and data protection, the report states. Responses will be accepted through 11 April, with the next steps in the process to be announced in the summer.