EBA Clearing delivers specifications for a pan-European request to pay infrastructure solution — EBA Clearing — “A pan-European request to pay approach is seen as the missing piece of the puzzle for market players to create innovative payment products and services for their customers that leverage real-time messaging, the SEPA schemes and existing cost-efficient payment infrastructures, and that can be used across Europe.”
- Visa reports on the impact of Covid-19 on payment volumes
- Qatar triples contactless transaction limit
- EBA recommends Europe-wide contactless transaction limit increase
- Table: Contactless payment transaction limit increases around the world
- Mastercard: 29 countries have now agreed to raise their contactless payment limit
