RBI Joins the European Payments Initiative as Acceptor PSP

Raiffeisen Bank International (RBI) has become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This strategic step reinforces RBI’s commitment to contributing to a unified and sovereign payment ecosystem across Europe.

Supported by 14 major European banks and two leading payment service acquirers, EPI launched Wero, a unified mobile payment service aimed to be offered to all European companies and citizens. It offers a simple, secure, and fast account-to-account payment solution designed to streamline payments for consumers and merchants alike. By joining EPI as an Acceptor PSP, RBI will enable merchants within its network to accept Wero payments, facilitating seamless and secure transactions across multiple channels, including e-commerce and soon also point-of-sale transactions.

Martina Weimert, CEO of EPI, commented: “We warmly welcome Raiffeisen Bank International to the EPI community. Their participation as an Acceptor PSP is a significant milestone in expanding Wero’s acceptance network, especially as RBI is the first scheme member headquartered outside of EPI’s initial launch market, in the upcoming months. Together, we are committed to providing consumers and businesses with an easy-to-use payment solution that simplifies everyday transactions and enhances European financial autonomy.”

Matthias Dekan, Head of Payments & Daily Banking at RBI, stated: “Joining the European Payments Initiative as an Acceptor PSP marks an important chapter in our journey to foster a truly European payment solution. We are eager to offer our clients access to Wero, a payment method that ensures simplicity, security, and sovereignty. This partnership underscores our dedication to innovation and to supporting the evolving needs of the European market. We look forward to growing the Wero presence in Europe together with EPI.”