Payment issues in Europe: A comparison between US and Europe
1. Standardisation amongst the Euro Countries on E commerce platform is the big issue.
2. SEPA (Single Euro Payment Area) has set in.
3. Credit card usage by corporates are not as popular in US.
4. IBAN consists of country code, check digit code and account number. ( where is the bank code?)
5. The payer and receiver are overworked and are tired of the regulations.
Read the full article by Elizebeth Mcquerry
https://www.linkedin.com/today/post/article/20140904131054-1671773-top-of-mind-payment-issues-in-europe?trk=object-title
1. Standardisation amongst the Euro Countries on E commerce platform is the big issue.
2. SEPA (Single Euro Payment Area) has set in.
3. Credit card usage by corporates are not as popular in US.
4. IBAN consists of country code, check digit code and account number. ( where is the bank code?)
5. The payer and receiver are overworked and are tired of the regulations.
Read the full article by Elizebeth Mcquerry
https://www.linkedin.com/today/post/article/20140904131054-1671773-top-of-mind-payment-issues-in-europe?trk=object-title
