The EuroPA alliance (European Payments Alliance) – represented by Bancomat, Bizum, MB WAY (SIBS), and Vipps MobilePay – and EPI Company (EPI) have announced their cooperation, now exploring solutions to rapidly address Europe’s sovereignty challenge in payments, especially regarding cross-border transactions. This initiative aims at enabling European citizens to send and receive payments seamlessly across the continent, for the benefit of both consumers and merchants.
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EuroPA and EPI Launch Collaboration to Expand Sovereign Pan-European Payments
The collaboration between EuroPA and EPI is driven by a shared interest in exploring a joint solution that leverages the strong adoption and existing capabilities of each participant through enhanced interconnectivity. The aim is to cover all use cases (person-to-person and commercial payments both online and in-store) across the markets of the participating solutions. The ongoing study is expected to conclude by the end of this summer.
This agreement will initially cover 15 European countries, collectively representing over 382 million inhabitants (84% of the European Union population and Norway), enabling them to continue using their preferred digital payment solutions both locally and across Europe, and provide an approach for markets with no solution so far.Interconnecting existing solutions is a rapid path forward to European sovereignty and independence—a goal shared by both the European Commission and Eurosystem. This approach, grounded in Europe’s best-in-class solutions and diversity, will continue to drive innovation, convenience, and efficiency for both consumers and merchants.
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