| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/04/620 (10.5.04) |
| Publication Date | 10/05/2004 |
| Content Type | News |
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The European Commission has published a consultation paper on the definition of when mobile phone activity involves the issuance of 'electronic money', how the E-Money Directive applies to mobile phone operators and whether changes to that Directive are needed to better reflect industry needs and cover risks. The consultation targets mobile phone operators, other businesses linked to the mobile phone sector and consumers. It focuses on, among other things, the extent to which the rules applying to electronic money should also apply to prepaid phone cards. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/620&format=HTML&rapid=0&language=EN&guiLanguage=en&display= |
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| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |
