Credit card saturation and debit card boom in Germany?
According to the Bundesbank’s payment statistics, the number of credit cards issued1 fell by 6% (for so-called charge…
How to become a payment institution in Luxembourg
Payment services within the meaning of the second payment services directive (PSD2) may be provided by different payment…
The mysticism of numbers
The mysticism of numbers There is a bon mot attributed to Bismarck: “Laws are like sausages, it is…
On the Way to PSD3 – EBA’s Thoughts on Required Amendments to the Regulatory Framework for Payment Services
The review of PSD2 is currently taking place with some delay. With this review, various market participants are…
EU Commission plans to abolish anonymous e-money
In summer 2021, the European Commission presented an ambitious legislative package to improve the fight against money laundering…
New Card in Town – Legal Aspects of City Cards
City cards as a solution to strengthen the retail trade? The increasing desolation of our city centers is…
The narrative of Mastercard and Visa dominance
Do the International Card Schemes (ICS) Mastercard and Visa dominate in Europe or even in Germany? Do these…
Bundestag Election 2021: Parties’ Positions on Payment Issues
On September 26, 2021, the elections to the 20th German Bundestag will take place. Even though we believe…
Lex Apple Pay – Take Two
In autumn 2019, the so-called “Lex Apple Pay” was introduced as Section 58a German Payment Services Supervisory Act…
Focus on the Retail Payments Strategy
Part of the Digital Finance Package Within the Digital Finance Package adopted by the European Commission (EC) in…