French governor weighs up ‘disruptive effects’ in card payments market
François Villeroy de Galhau discusses ‘main trends’ influencing card payments market
Banque de France governor François Villeroy de Galhau highlighted three "main trends" having a "disruptive effect" on the card payments market in a speech on January 18: "new solutions, new behaviours and players, new regulations".
Innovative payment solutions based on single euro payments area (Sepa) schemes are "very likely to emerge", he said. He gave the preparation of a pan-European instant payments scheme as one example. This scheme "will serve the development of further innovative
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