paymentinstitutions.eu
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Submitted URL: https://www.paymentinstitutions.eu/
Effective URL: https://paymentinstitutions.eu/
Submission: On August 05 via automatic, source certstream-suspicious — Scanned from DE
Effective URL: https://paymentinstitutions.eu/
Submission: On August 05 via automatic, source certstream-suspicious — Scanned from DE
Form analysis 9 forms found in the DOM
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promoting
innovation,
competition
and quality
of payment services
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Homemcwebmaster2022-09-07T15:14:48+00:00
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.
Read more
KEYS FACTS & FIGURES
* 31%
card payments
Card payments of the total of non-cash payments in the Euro area (2021)
138
trillion
Value of total payment transactions involving non-MFIs in the Euro area
(2021)
50
billion
Transactions processed by retail payment systems (2021)
6,550
institutions
Number of institutions offering payment services to non-MFIs in the EU (2021)
* 143
million
Number of payment transactions involving non-MFIs in the EU (2021)
20.1
million
Number of credit transfers in the EU (2021)
19
million
Number of direct debits in the EU (2021)
€1,489.6
average
Average value per payment in the EU (2021)
Source:
ECB Payment Statistics, July 2022
LATEST NEWS
EPIF welcomes the agreement on instant credit transfers in euros
Published on: 21/11/2023
Read more
EPIF welcomes the new preparation phase of the digital euro
Published on: 23/10/2023
Read more
Rue du Trône 100,
1050 Brussels Belgium
Phone: +32 472 24 15 89
Email: info@paymentinstitutions.eu
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