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The Consumer Classroom is an EU funded portal site for teachers across the EU to equip them with resources for teaching consumer educationRead more

European Commission Directorate Generals

DG Justice and Consumers
DG Education and Culture
DG for Research & Innovation
DG Communications Networks, Content and Technology

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Consumers will benefit from new rules for payment services

Consumers will benefit from new rules for payment services

Since January 2018, consumers will benefit from cheaper, safer and more innovative electronic payments!

The revised payment services directive aims to modernise Europe’s payment services to the benefit of both consumers and businesses, in order to allow them to evolve as rapidly as the market.

Valdis Dombrovskis , Vice-President responsible for Financial Stability, Financial Services and Capital Markets Union said. "This legislation is another step towards a digital single market in the EU. It will promote the development of innovative online and mobile payments, which will benefit the economy and growth. With PSD2 becoming applicable, we are banning surcharges for consumer debit and credit card payments. This could save more than €550 million per year for EU consumers. Consumers will also be better protected when they make payments."

For more information on the new rules, please click on the Europa website


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