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The report contains results from a project by the European Science and Technology Observatory (ESTO). It contains a series of country-specific analyses on existing payment systems and ongoing or planned initiatives, in particular for electronic money, covering ten European countries: Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, and the United-Kingdom.

The country analyses contain information on payment cultures, national frameworks for banking and financial services, payment cards, electronic purses, Internet payment systems and electronic commerce in each of the countries. For the purposes of the report, analysis of electronic commerce is restricted to the business to consumer (B:C) segment. The country chapters are followed by a discussion of the issues raised across the countries. The final section presents a summary of the most important findings of the study.

The report reveals vast national differences and peculiarities that will have great impact on the spread of electronic payment systems and electronic commerce in the individual countries. It also shows that use of electronic money is only at the experimental stage and that traditional national "access products" are finding use on the Internet for domestic transactions. While Internet commerce at the national level is growing impressively, trans-border commerce is only just starting. Here, there will be a demand for a uniform and unambiguous framework, especially with respect to legal aspects. In addition an infrastructure is required enabling interoperability of a broad range of existing and emerging payment methods.

Additional information

Authors: BOHLE K, Institute of Prospective Technological Studies, Seville (DE);RADER M, Institute of Prospective Technological Studies, Seville (DE);RIEHM U (EDITORS), Institute of Prospective Technological Studies, Seville (DE)
Bibliographic Reference: EUR 19062 EN (1999), 136pp, Euro: free of charge
Availability: Available from the European Commission, DG XII Communication Unit, rue de la Loi/Wetstraat 200, B-1049 Bruxelles (BE) Tel: +32-2-2950001 Fax:+32-2-2958220
ISBN: ISBN: Not available
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