Progress and Challenges of EU Retail Payments Market Integration

Abstract

This study focuses on the retail payments market in the European Union （EU）, which does not seem to have integrated as much as other internal markets have, despite various measures taken since the 2000s. This research assesses these measures to shed light on the progress and challenges of the EU’s retail payment market integration. Through a framework of quantitative and price indicators, the study analyses the extent of integration of the EU retail payments market.