Fintech Insights - EPI Abandons Plan for Visa and Mastercard Rival as Member Banks Quit
Founded in 2020, EPI aims to create a unified payment solution tailored for Europe. It was initially backed by 31 major European banks and acquirers, such as Worldline and Nets. Recently, 20 banks have withdrawn, including all Spanish members, as well as Germany’s Commerzbank and DZ Bank.
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