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Council adopts regulation on instant payments

Council adopts regulation on instant payments
The Council adopted today a regulation that will improve the availability of instant payment options in euro to consumers and businesses in the EU and in EEA countries. The new rules will improve the strategic autonomy of the European economic and financial sector as they will help reduce any excessive reliance on third-country financial institutions and infrastructures. Improving the possibilities to mobilize cash-flows will bring benefits for citizens and companies and allow for innovative added value services.

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