By publishing the Digital Finance Package, the EU Commission has provided an unprecedented cornerstone with regard to the harmonization and digitization of EU’s financial markets. Bitkom overall welcomes the package that builds upon developments during recent years and approaches an increasingly diverse market. Payments have developed into a core strategic issue for financial institutions and the market has undergone major shifts which have led to a greater diversification of products as well as players. In this position paper, we want to provide a first take of our members on the Retail Payments Strategy fort he EU. first perception of the Retail Payments Strategy.