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…
German Federal Court of Justice (BGH) confirms: Surcharging prohibition of Sec. 270a BGB does not apply to PayPal and Sofort
The BGH decision is the final point of a long legal dispute between FlixMobility and the Centre for…
Should e-money be a universal medium of exchange?
Payment systems regulatory law has recognized three types of money so far: cash (banknotes and coins), scriptural money…
Electronic vouchers: Which license requirements do exist for the issuance and distribution?
Vouchers are a useful thing. You can get them in the supermarket around the corner, even there is…