The Review of Transforming Payment Systems in Europe edited by Jakub Górka Palgrave Macmillan Studies in Banking and Financial Institutions,Palgrave Macmillan, London 2016, pp. 270.

Payment systems have continued to change for several decades and payment transformation is an ongoing process. However, while the process may be taking place everywhere in the world, the actual path it follows is specific to each country or region. Transforming payment systems in Europe is a compilation of eight chapters, each one is a distinct paper written by renowned academics and payment professionals from five European countries: Belgium, Finland, Germany, the Netherland, and Poland. While each chapter focuses on developments in payments that are taking place in Europe, many of the topics and themes are applicable to the development in payments throughout the world. The chapters deal with current and timely issues that are occurring now, but the book also allows readers to glimpse into the future of payments in Europe and elsewhere. That is because many of the processes analyzed in the book have fundamental influence on the future of payments in general