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Payments are part of consumers’ everyday lives – whether paying with cash, cards, mobile apps, or online. As payments become increasingly digital, they bring convenience but also new risks, especially fraud. Consumers currently bear 86% of losses from fraudulent credit transfers, as existing rules under the Payment Services Directive no longer cover how fraud happens today. The new PSR needs to ensure a fairer share of liability to better protect consumers.
This two-pager summarises BEUC’s main recommendations for trilogue negotiations between the European Parliament and the Council on the Commission’s proposed Payment Services Regulation (PSR).
This two-pager summarises BEUC’s main recommendations for trilogue negotiations between the European Parliament and the Council on the Commission’s proposed Payment Services Regulation (PSR).
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In this fourth issue of the quarterly newsletter on the development of representative actions in the European Union, you will find updates about the national implementation of the EU Directive on Representative Actions, news about the legal actions brought to various European courts, links to interesting articles and other insights into the world of representative actions in Europe and third countries.