European Payments Initiative: Difference between revisions

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imported>Doug Williamson
(Create page - source - EPI - https://www.epicompany.eu/)
 
imported>Doug Williamson
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(EPI).  
(EPI).  


The European Payments Initiative was founded in 2020 to create a new pan-European payment solution leveraging Instant Payments and cards.
The European Payments Initiative was founded in 2020 to create a new pan-European payment solution incorporating Instant Payments and cards.




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:In 2022, it is anticipated that the European Payments Initiative will become operational.  
:In 2022, it is anticipated that the European Payments Initiative will become operational.  


:While it is hoped that the new network will sit alongside the existing
:While it is hoped that the new network will sit alongside the existing organisations, businesses will need to make sure they have taken steps to accommodate this new entrant."
organisations, businesses will need to make sure they have taken steps to accommodate this new entrant."


:''The Treasurer, November 2021 - Issue 4, 2021, p32 - Treasury in 2022''
:''The Treasurer, November 2021 - Issue 4, 2021, p32 - Treasury in 2022''
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== See also ==
== See also ==
* [[Acceptance]]
* [[Acceptance]]
* [[Acceptance for settlement]]
* [[Card scheme]]
* [[Card scheme]]
* [[European Payments Council]]
* [[European Payments Council]]

Latest revision as of 13:52, 2 December 2021

Payments - Europe - instant payments - cards.

(EPI).

The European Payments Initiative was founded in 2020 to create a new pan-European payment solution incorporating Instant Payments and cards.


Take steps to accommodate EPI
"For many years, the EU has been keen to see a pan-European acceptance network that can compete with Visa and Mastercard.
In 2022, it is anticipated that the European Payments Initiative will become operational.
While it is hoped that the new network will sit alongside the existing organisations, businesses will need to make sure they have taken steps to accommodate this new entrant."
The Treasurer, November 2021 - Issue 4, 2021, p32 - Treasury in 2022


See also


External link