EPI: The European Payments Initiative Press release Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI) Amsterdam, Berlin, Brussels, Frankfurt, Madrid, Munich, Paris, Valencia - 2 July 2020 Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI). The ambition of EPI is to create a unified pan-European payment solution leveraging Instant Payments/SEPA Instant Credit Transfer (SCT Inst), offering a card for consumers and merchants across Europe, a digital wallet and P2P...
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