European Payments Initiative: Difference between revisions
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(EPI). | (EPI). | ||
The European Payments Initiative was founded in 2020 to create a new pan-European payment solution | 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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== 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
- Acceptance
- Acceptance for settlement
- Card scheme
- European Payments Council
- European Union (EU)
- Instant Credit Transfer Scheme
- Instant payments
- Payment service provider
- Payments and payment systems
- Single Euro Payments Area
