Ecommerce Europe launches expert taskforce on online payments

PRESS RELEASE March 14, 2017

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The new expert taskforce further boosts Ecommerce Europe’s expertise in digital transactions and online payments, and aims to assess the potential opportunities and challenges on the e-commerce sector brought about by the changing dynamics of the FinTech sector. The taskforce will assist Ecommerce Europe in developing comprehensive strategies on financial and digital services such as digital currencies and trust-services.

The Internet has revolutionized the way people buy and sell goods and services. Rapid developments in electronic payments have, and continue to change the established electronic payments landscape for the decades to come. Through increasingly customer-centric solutions and developments in biometric authentication, new and innovative third-party Payment Providers (TPPs), one-click buy options and wallet solutions market newcomers quickly change consumers’ online purchasing habits and check-out expectations.

« We are observing the biggest change in the online payments landscape since the advent of e-commerce in the 1990s. Customers today expect trustworthy, convenient, fast and mobility check-out solutions as part of their online shopping experience, and merchants are increasingly looking to facilitate their customers. However, European legislators often do not strike the right balance between ensuring customer convenience, technological neutrality and payment security » said Marlene ten Ham, Secretary General of Ecommerce Europe.

« This new online payments taskforce allows Ecommerce Europe to translate current and future market trends in e-Payments and anticipate possible regulatory challenges and opportunities. By having all players of the online payments landscape represented, Ecommerce Europe can effectively and efficiently formulate upcoming European legislative proposals » elaborated Roberto Liscia, Chair of the Ecommerce Europe e-Payments Working Committee.

Ecommerce Europe launched the newly formed expert taskforce at a kick-off meeting in Leipzig, Germany on 9 March, with keynote presentations on the key challenges and opportunities for online merchants as a result of the innovative developments in the online payments landscape.

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About Ecommerce Europe

Ecommerce Europe is the association representing 25,000+ companies selling goods and/or services online to consumers in Europe. Founded by leading national e-commerce associations, Ecommerce Europe is the voice of the e-commerce sector in Europe. Its mission is to stimulate cross-border e-commerce through lobbying for better or desired policy, tabling the e-commerce sectors’ demands on the agenda of those designing the necessary standards and regulations, by offering a European platform bringing the European e-commerce sector and other stakeholders together, and by providing in-depth research data about European markets. Moreover, Ecommerce Europe provides more than 10,000 certified online companies across Europe with a European Trustmark label, with the aim of increasing consumers’ trust in cross-border purchases.

Website: www.ecommerce-europe.eu

Trustmark: www.ecommercetrustmark.eu

National associations that are members of Ecommerce Europe

Belgium Becommerce www.becommerce.be
Czech Republic APEK www.apek.cz
Denmark FDIH www.fdih.dk
Finland Finnish Commerce Federation www.kauppa.fi
Finland Internet Industry Finland www.verkkoteollisuus.fi
France FEVAD www.fevad.com
Germany Händlerbund e.V. www.haendlerbund.de
Greece GRECA www.greekecommerce.gr
Hungary SzEK.org www.szek.org
Ireland Retail Excellence Ireland www.retailexcellence.ie
Italy Netcomm www.consorzionetcomm.it
Luxembourg Luxembourg E-commerce Association www.ecom.lu
The Netherlands Thuiswinkel.org www.thuiswinkel.org
Norway Virke eHandel www.virke.no
Poland e-Izba www.eizba.pl
Portugal ACEPI www.acepi.pt
Romania ARMO www.armo.org.ro
Spain Adigital www.adigital.org
Switzerland NetComm Suisse www.netcommsuisse.ch

Contact
Ecommerce Europe AISBL
Rue de Trèves 59-61, B-1040 Brussels, Belgium
Website: www.ecommerce-europe.eu

Trustmark: www.ecommercetrustmark.eu

Twitter: @Ecommerce_EU

 Press contact Ecommerce Europe

Marlene ten Ham

Secretary General

Tel.: +32 2 502 31 34

Email: marlenetenham@ecommerce-europe.eu

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