European Payment Institutions Federation (EPIF) reaffirms leadership

The European Payment Institutions Federation (EPIF), at its Annual General Meeting on 23 June 2020, re-elected Elie Beyrouthy of American Express as Chair of the Board for a further three years. The election was unanimous. Reacting to his appointment, Elie Beyrouthy said: “EPIF continues to go from strength to strength demonstrating thought leadership across a [...]

2020-06-25T15:05:21+00:00

Joint Industry letter on SCA Implementation

The European Payment Institutions Federation (EPIF) is delighted to share with you a second joint industry letter that we have prepared on SCA Implementation and the need for an additional testing period of at least six months. The signatories to this letter took part in a number of technical workshops in the recent months to [...]

2020-06-19T09:47:06+00:00

Joint industry letter on SCA delay due to COVID-19

EPIF is  glad to share with you a joint industry letter that was sent to the EBA and the Commission requesting a delay on SCA due to COVID- 19. This letter has been co-signed by: Ecommerce Europe EuroCommerce European Payment Services for Merchants (EPSM) European Payment Institutions Federation (EPIF) European Hotel Forum (EHF) EU Travel [...]

2020-05-06T07:56:54+00:00

Council adoption of VAT reporting measures – payments industry remains concerned

The European Payment Institutions Federation takes note of the adoption today by the ECOFIN Council of the proposal on VAT-related information reporting requirements imposed on Payment Service Providers. Throughout the legislative process we have consistently raised concerns about the feasibility and effectiveness of the proposal. We have presented our own pragmatic amendments to these proposals [...]

2020-02-18T14:00:22+00:00

EPIF 4th Annual Conference report – 6 November 2019

EPIF’s Fourth Annual Conference on 6th November 2019 in Brussels brought together over 120 policymakers and industry participants to share their views and expectations of the European payments sector and to share their expectations for developments in this area over the next five years. Please find below the summary of the conference.

2019-12-03T12:59:27+00:00

EPIF response to OECD consultation on Pillar One

EPIF is delighted to share with you its response to the OECD's consultation call on its proposed Unified Approach under Pillar One. EPIF  is supportive of the OECD’s efforts to reform the global taxation system to meet the needs of the Digital Age and ensure fair distribution of tax revenue. We strongly believe that any [...]

2019-11-12T10:15:27+00:00

Joint Industry Statement – Council adoption of VAT reporting measures – payments industry remains concerned

The European Payment Institutions Federation, the European Banking Federation, the European Savings and Retail Banking Group and the European Association of Co-operative Banks note the adoption today by the ECOFIN Council of the proposal on VAT-related information reporting requirements imposed on Banks and Payment Service Providers. Throughout the legislative procedure we have consistently raised concerns [...]

2019-11-08T15:37:20+00:00
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