of authorised Payment Institutions in the EEA are issuers and/or acquirers of payment instruments (with a majority in Austria, Denmark, Hungary and Norway) in 2012
total value of transactions in the EEA undertaken in 2010 by Authorised Payment Institutions through money remittance, transfers and retail foreign exchange activities, plus foreign exchange brokers and card acquirers
of authorised Payment Institutions in the EEA are Money Transmitters (with a majority in Greece, Italy, Ireland, Lithuania, Portugal, Spain and the UK) in 2012
of the EEA Authorised Payment Institutions have applied for a passport to provide payment services into another EEA Member Sate (2012)
- 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) 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.Read more
EPIF is deligthed to be hosting 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.
Should you be interested in attending the Workshop please send us an email to: email@example.com
EPIFis deligted to be hosting a panel on Blockchain on 15th March in Brussels
The European Payment Institutions Federation is pleased to share its responses to the EBA Consultation on the RTS on Strong Customer Authentication and Secure Communication under PSD2.