Ecosystem
European Payments Initiative
European payment system independent of American card companies.
What is being written
In the media
What they do
About
The European Payments Initiative is a collaborative platform of European banks aimed at developing an independent European payment system. The initiative seeks to provide European consumers with better digital payment options as an alternative to cash without dependence on American card networks such as Visa and Mastercard. This is a joint project of dozens of major European financial institutions.