SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET

SINGLE EURO PAYMENTS AREA (SEPA) – STRATEGIC VALUE ON THE HIGH DEGREE OF INTEROPERABILITY FOR ALL ACTIVE PARTICIPANTS IN THE FINANCIAL TRANSACTION MARKET

The introduction of euro currency in 1999 paved the way for policymakers - EU governments, the European Parliament, the European Commission and the European Central Bank - to adopt the SEPA initiative. This is a complex process that aims to integrate the euro payments market, integration that also...

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Bibliographic Details
Main Authors: Laurentiu Dumitru Andrei, Petre Brezeanu
Format: Article
Language:English
Published: Sciendo 2014-09-01
Series:Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
Subjects:
European integration
payment systems
scale economies
efficiency
competition
financial markets
Regulation
Single Euro Payments Area (SEPA)
Online Access:http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2

Internet

http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/1/2

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