EU rules mean your electronic payments are becoming cheaper, easier and safer. Here’s how:
- You can make payments throughout Europe (the EU, Iceland, Norway and Liechtenstein) as easily and safely as your home country.
- You can no longer be charged extra costs by a merchant when you pay using a card issued in the EU.
- The rules cover all kinds of electronic payments (e.g. credit transfers, direct debits, card payments).
- Anybody legally residing in Europe has the right to a bank account for making electronic payments (“payment account”).