European Payments Initiative: website

epicompany.eu

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  1. European Payments Initiative

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    European Payments Initiative is a European payments company behind the Wero digital wallet.

    • What is EPI?

      “EPI stands for European Payments Initiative launched by 18 banks and financial service companies to create a new digital wallet (wero) and a unified account-to-account solution.”

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    • Why EPI?

      “EPI shareholders aim to enhance the market by introducing Wero, a comprehensive payment solution based on the Instant Payment scheme as defined by the European Payments council (EPC). Wero is designed to support a variety of transactions, including merchant and person-to-person payments, offering security, immediacy, and ease of use.”

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    • What are the benefits of EPI?

      “EPI aims to revolutionise digital payments in Europe by offering a consistent solution across all major retail scenarios, including peer-to-peer (P2P), point of sale (POS), and online commerce. This initiative addresses the current fragmented payment landscape in Europe, fulfilling the long-standing demand from both merchants and consumers for a unified pan-European payment approach.”

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    • What is Wero?

      “Wero is a new payment solution that aims to become the standard for European consumers and merchants. It will be available through EPI’s member banks’ applications and as a mobile application on both Android and iOS platforms.”

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