Which of the following is an initiative of European Union that involves the creation of a zone for the euro wherein all electronic payments are considered domestic, and a difference between national and intra-European cross border payments doesn’t exist?
Q. Which of the following is an initiative of European Union that involves the creation of a zone for the euro wherein all electronic payments are considered domestic, and a difference between national and intra-European cross border payments doesn’t exist?
Answer: Single Euro Payment Area
Notes: