Monday, March 01, 2004

Simpay goes for € 1 billion digital content market

This press release of Simpay demonstrates the stakes in the digital content market. Simpay aims to be the main scheme, allowing for a total amount of € 1 billion in payments. Now, if that doesn't illustrate the size of the e-money market, nothing will. Consequently, the Commission will have no alternative but to fully regulate this sector under the e-money rules.