There is again a risk that future payment systems will become fragmented with the emergence of new payment methods. It would better to set the harmonized guidelines before this fragmentation actually happens. The work done by the Euro Retail Payment Board (ERPB) and its national counterparties, including the Payments Council in Finland, should be highlighted in this relation.
9 These groups bring together the relevant payment system stakeholders to consider how future payment systems will change the whole financial ecosystem – also at the European and international levels. 8  In a recent speech Vice-President Ansip, in charge of the Digital Single Market, noted that common technical standards for mobile payments are needed to promote digital single market.