It would be a great pity if fragmentation were to be re-introduced at the end-user level. Suppliers should strive for pan-European designs, using common standards and working together with stakeholders. Take point-of-sale payments, which make up the largest segment of the retail payments market in terms of transaction volumes.
Vendors of all types and sizes could benefit from increased cost efficiency and improved cash management if they could accept instant payments at the point-ofsale. Point-of-sale solutions for instant payments could also allow businesses that do not accept cards for cost or practical reasons to offer their customers the choice to pay electronically.