The European Payment Institutions Federation (EPIF) is an international non-profit association. It was founded in June 2011, in response to the adoption of the Payment Services Directive (PSD). The PSD established a new category of payment service providers (payment institutions) to encourage more competition at the European level.
Payment institutions are permitted to provide payment services alongside banks and other financial institutions. By means of a European passport available to them under the PSD, payment institutions can offer payment products and services across borders, thus making it attractive for European consumers to pay and receive funds within as well as outside their home country.
Keys Facts & Figures
London Economics Study on the impact of Directive 2007/64/EC on payment services in the internal market and on the application of Regulation (EC) No 924/2009 on cross-border payments in the Community | ECB Payment Statistics for 2012 | European Commission ‘Green Paper – Towards an integrated European market for card, internet and mobile payments’
The European Payment Institutions Federation (EPIF) has organised a panel discussion on blockchain technology. This will take place on 15th March from 11.00-12.30 at Rue de la Science 14B.
Latest Press Releases
The European Payment Institutions Federation (EPIF) would like to formally invite you to the EPIF’s first annual public workshop on 9th November in Brussels at our offices in Rue de la Science, 14B, from 9:00 to 14:15h, including lunch.
EPIF is delighted to announce that Elavon has joined the EPIF Board.