back to article Banks face e-payments antitrust probe

The European Commission has launched an antitrust probe into e-payments in Europe to find out if a group of banks – including Santander, HSBC and Barclays – is trying to stop new players from getting into the market. A group called the European Payments Council (EPC) is developing a standardisation for e-payments across the …

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Holmes

Who made the complaint? Let me see, who stands to lose from a more open ePayment framework? Surely not ebay/paypal?

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Anonymous Coward

or google

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I'm guessing neither of the first 2 commenters read the article, as if they had they would be trying to identify the complainant by trying to identify who GAINS from a more open e-payments system!

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The EPC members are listed here

http://www.europeanpaymentscouncil.eu/content.cfm?page=epc_members

So I presume, not one of these.

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Devil

The probe is quite simple: Is the spec open and publicly available? No? then they're guilty.

Big banks have the same openness and trustworthiness as mickeysoft. You'd better read all the fine print...

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Anonymous Coward

Tomato42

Microsoft, The Banks, The Government etc. etc. are not a giant conspiracy. Healthy questioning is one thing, but it's not the same as damaging cynicism. And the damage is to you, I didn't see it at the time, when I was younger but I'm so much happier now that I don't automatically think that everyone is against me, it breeds paranoia and misrablism.

Oh and the spec is available to anyone who needs it, not the same as everyone, I admit, but basically if you're a payments provider you have to be able to get it.

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