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Entertainment Payment: kickoff to the new pan-European service EPI, Visa and MasterCard in the viewfinder!

20:05  30 november  2021
20:05  30 november  2021 Source:   pressfrom.com

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Paiement : coup d’envoi au nouveau service paneuropéen EPI, Visa et Mastercard dans le viseur ! © Pixabay Payment: kickoff to the new pan-European service EPI, Visa and MasterCard in the viewfinder! Announced in 2020, the EPI project aims to create a new unified pan-European payment solution, based on instantaneous transaction technology, including providing an alternative to sector giants such as Visa and MasterCard.

A new pan-European payment service should soon see the light of day. The 22 banks participating in EPI, this new gestation service promised for 2022, formalized the creation of this company, whose shareholder structure will be known "at the end of the year". "A first important step was crossed on November 29 by the IPI Board of Directors: (the latter) expressed its intention to transform the IPI provisional company into a + target +", that is to say sustainable , explains the press release.

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"Each shareholder is now finalizing its own internal decision-making process," continues the text that the shareholding will be known "at the end of the year". In concrete terms, this means that IPI will necessarily see the day, even if some members finally decide to wait before joining the project. According to press information, confirmed with AFP, one of the main uncertainties concerns Spanish banks.

>> Read also - Twenty European banks agree to bypass Visa and MasterCard

if they finally had to join EPI, other banks should invest a little more to reach the amount necessary, about 1 , 3 to 1.5 billion euros. According to several sources, possible defections, if they counted on the fingers of one hand, should not have a major impact on the project.

Europe bolsters pioneering tech rules with help from Haugen

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But "we are not immune to a" more general overflow, with "a domino effect", adds a close to the file, which is however optimistic.

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bank rates comparator This project announced in the summer of 2020 aims to create a new unified pan-European payment solution based on instantaneous transaction technology In particular, in particular to offer an alternative to the giants of the sector such as Visa and Mastercard.

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formerly confined to the cryptic discussions between specialists in financial piping, the subject of payment is now crucial by European decision-makers concerned with preserving the Independence of the old continent against American and Chinese giants.

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'90 Day Fiancé': Ariela Decides Not to Return to Ethiopia With Biniyam to Help Him Get His Visa .
Ariela couldn't stand by Biniyam's side during his visa interview.Ariela and Biniyam's relationship had been rocky since she went back to New Jersey so that their son, Avi, could get hernia surgery, and she accused Biniyam of partying with other women while she was away. She said the only way to save their relationship was to live in Kenya temporarily because she never wanted to be in Ethiopia again due to his behavior. Biniyam met her in Kenya, and although it was awkward, the two decided to work it out and now Ariela wants to live in the United States, though Biniyam doesn't want to leave his home country.

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