This will, contribute to support for the European project in countries undergoing such adjustments – particularly in the context of financial assistance programmes.
They could affect the ability of the payments infrastructure to accommodate large numbers of small transactions as well as the emergence of new payment network operators. They could introduce new competitive dynamics with implications for the efficiency of payment services, and both opportunities and challenges in pursuing interoperability. And, of course, new technologies have implications, positive and negative, for financial stability.