But I want to repeat that this body would not replace the current arrangements. The EPC would remain responsible for the design of payment services. The new body, by contrast, would focus entirely on identifying key issues of concern to public authorities and other stakeholders. Moreover, it would define priorities and promote action.
In addition, it would work on fostering a common understanding among users. As I have said, it should not by any means replace or hamper the functioning of the EPC, nor should it take over the dialogue with end-users on its precise schemes, frameworks and standards.