Tag: Payment system
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:…
EPI payment project on the verge of collapse: even savings banks have doubts
People’s Bank and Savings Bank There is contention in the struggle to set up a European payment system, EPI. Savings banks go to the cooperative banks. (Photo: picture-alliance / ZB)…
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…