Tag: European Payment Initiative
Decision on EPI project will be made in May – wallet planned for smartphone
Pay by smartphone Payment apps on smartphones will play a greater role in the future. The European Payment Initiative is also working on a so-called wallet solution for payment services.…
13 banks & payment service providers are sticking with the EPI payment solution
Payments on the Internet EPI’s goal was to create its own payment system in order to become more independent of powerful US corporations such as Mastercard, Visa and Paypal. (Photo:…
A significant number of banks are hesitant to invest in EPIs
Cell phone payment in the cafe All over Europe, people are increasingly paying by card or smartphone. A large part of the payments go through the systems of Mastercard and…
Germany’s second largest private bank has released funds for EPI. At a meeting of all institutes involved, a decision is now to be made as to whether the project will be implemented.
Pay by mobile phone Building a new, common European payment system would require billions in investment. (Photo: E + / Getty Images) Frankfurt The German banks are behind the development…
Decision on European payment system at the end of 2021
Frankfurt, Paris, Rome The European banks are struggling to build a common European payment system – and in the debate around this, a decision is getting closer. The final decision…
Savings banks want to invest 150 million euros in EPI
Contactless card payment European banks want to set up their own payment system. You anticipate investments of 1.5 billion euros initially. (Photo: E + / Getty Images) Frankfurt A directional…