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Research and Markets: Opportunities and Risks in the German Cards and Payments Market to 2024

Research and Markets: Opportunities and Risks in the German Cards and Payments Market to 2024
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Opportunities and Risks in the German Cards and Payments Market to 2024 – ResearchAndMarkets com

Opportunities and Risks in the German Cards and Payments Market to 2024 – ResearchAndMarkets com
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Tangible use cases provide an argument for data-based payments

Euromoney EPI readies launch of bank-backed card challenger

The pan-European payments initiative benefits from links to many of Europe’s largest banks – and has fintech in its sights. Whether it’s Paypal, Apple Pay, Visa or Mastercard, US payments companies are taking over in Europe. Can the European Payments Initiative (EPI) – helped by the commitment of flows from banks in continental Europe’s biggest economies – challenge them? At a basic level, EPI is the germ of a pan-European successor to national bank-owned debit card networks such as Carte Bancaire in France, GiroPay in Germany, and Bancomat in Italy. But the idea behind EPI is also that a pan-European provider will have the scale to make the kinds of investment in technology that national schemes cannot afford.

EU Plans to Lessen Reliance on Dollar, Boost Euro to Blunt Financial Risks, Exposure to US Sanctions

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