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The Voice of Payment Institutions across Europe

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Keys Facts & Figures
  • 300 billion

    euros in remittance flows to developing countries in 2011 worldwide.

  • 39.8 billion

    Number of card transactions in the EU (2012)

  • 8,792 billion Card acquiring transactions in the EU in the EEA (2010)
  • 200

    EPIF represents over 200 payment institutions across the EU

Sources :
- 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’

About EPIF

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.

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Latest News

  • Thumbnail First EPIF's Annual Public Workshop

    09.11.2016

    First EPIF's Annual Public Workshop

    EPIF is deligthed to be histing its First Annual Public Workshop on 9th November in Brussels. 

    The EPIF half day workshop would aim to bring together up to 100 participants from the membership, potential members, EU policy makers and other important stakeholders to EPIF, such as merchants, corporates, consumers and other representatives of the payment sector.

  • Thumbnail Blockchain Panel

    15.03.2016

    Blockchain Panel

    EPIFis deligted to be hosting a panel on Blockchain on 15th March in Brussels

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