Efforts to ensure the interoperability of schemes should be strengthened and should aim to foster a European identity, for example by using a common European logo to show users that their cards can be used across the EU. Let me now conclude. Digitalisation has brought a great deal of change to the payments market, and there is more on its way.
In the 1990s, the rate fell to 8 per cent, and today stands at a little over 5 per cent - the lowest in many years. Interest rates on other instruments have fallen similarly.