Amendment to Regulation (EU) No 1093/2010

This procedure aims to update the rules for payment services within the EU's internal market. It seeks to enhance consumer protection, promote competition, and foster innovation in the payments sector, ensuring a safer and more efficient financial environment for all users.

The changes will affect payment service providers, financial institutions, and consumers by introducing new requirements for transparency, security, and access to payment services. It also updates regulations concerning electronic money and cross-border transactions.