Registration and welcome coffee from

Discussion points

• How transparent and clear are euro transaction fees in non-euro Member States today?
• What is the justification for higher prices for euro transactions between the euro area and outside the euro area?
• Should regulation mandate that these transactions should be priced as transactions in the local currency?
• Should transaction costs be regulated at the EU level or should it be left to the Member States?
• What are the potential benefits from the European Commission’s proposal? What are the costs? What are the benefits to businesses and SMEs?
• Is it sufficiently easy for consumer to make the best choice when it comes to currency conversion?
• Are the transparency and information obligation in PSD2 concerning currency conversion enough or are changes as now proposed by the commission necessary?
• How much time would the industry need to adapt to those changes?
• Is it technically and practically feasible to provide full information on the different currency conversion options at the point of sales?
• Are concerns that DCC services might mislead consumers justified?
• Does DCC increase competition and thereby allowing consumers to benefit from better currency conversions?

Speaker line-up

Ralf Jacob Head of Unit D3 - Retail Financial Services and Payments, DG FISMA, European Commission

Elie Beyrouthy Vice President, European Government Affairs, American Express

Dr Hartwig Gerhartinger Vice President Legal & Regulatory, Deputy General Counsel, Paysafe Group

Jean Allix Special Advisor, BEUC - The European Consumer Organisation

Moderator

John Basquill Editor, Payments Compliance