EDPIA TAKES NOTE OF LAUNCH OF THE EUROPEAN PAYMENTS INITIATIVE (EPI)

The European Digital Payments Industry Alliance (EDPIA) takes note of today’s announcement by sixteen leading European banks to launch the European Payments Initiative (EPI) – a new pan-European payment solution looking to leverage the SEPA framework and instant payments technology. We also welcome that European third-party payment services providers are individually being given the opportunity to decide to become founding member of the initiative before the end of this year.