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Starting 1 January the European Payments Council represents 83 payment service providers and their associations. Who are the latest five new members?

9 ianuarie 2025

The European Payments Council (EPC) announced the addition of five new members as of 1 January: MONEI, Paynetics AD, Stripe, Visa Direct, and BNP Paribas Fortis. „This partnership represents a significant step forward in promoting innovation, collaboration, and inclusivity within the European digital payments landscape.” – according to the press release.

Giorgio Andreoli – Director General of the EPC, says: “The EPC warmly welcomes all five new members. Their inclusion strengthens our mission to harmonise payments across Europe, driving forward initiatives that meet the evolving demands of the digital economy.”

About MONEI

MONEI is a pioneering payments platform dedicated to delivering innovative, secure, and seamless payment solutions for businesses of all sizes. By combining advanced technology with a customer-centric approach, we empower merchants to streamline operations and adapt to the ever-evolving digital economy. Our commitment to innovation ensures that we remain at the forefront of the payments landscape, consistently breaking new ground to meet and exceed the needs of our clients.

Alexandre Saiz, CEO at MONEI commented: “At MONEI, innovation is at the heart of everything we do. We constantly push the boundaries to revolutionise payment solutions, embracing every angle—no matter how unconventional—to simplify and enhance financial transactions for businesses and individuals. Joining the EPC reflects our unwavering commitment to driving progress and shaping the future of the payments ecosystem.”

About Paynetics AD

Paynetics AD is a licensed e-money institution regulated by the Bulgarian National Bank and passported to operate across the European Economic Area (EEA). Paynetics’ vision is to empower its clients to design, build and operate financial products, in order to address key pain points in the financial market and to have a measurable social impact. Paynetics powers businesses to seamlessly embed financial services into their ecosystems, enhancing customer experience and unlocking new revenue streams. Paynetics’ service suite includes payment accounts, money transfers, card issuing, card acquiring, and open banking, underpinned by robust regulatory and compliance foundation.

Valeri Valtchev, Co-Founder and CEO at Paynetics commented: “Becoming a member of the EPC reflects our commitment to advancing embedded finance and promoting financial inclusion across Europe. At Paynetics, we take innovation and compliance equally seriously, striving to create payment solutions that are both cutting-edge and fully aligned with regulatory standards. We are excited to collaborate with industry leaders within the EPC platform to drive standardisation and deliver seamless, inclusive financial services that empower businesses and individuals alike.”

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world’s largest enterprises like BMW or Amazon to the most ambitious startups like OpenAI or Mistral—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Headquartered in South San Francisco and Dublin, Stripe aims to increase the Gross domestic product (GDP) of the internet.

Anna Hibino, Global Bank Partnerships at Stripe commented: “We are excited to join the EPC and to contribute to the development of innovative, seamless and secure payments for European businesses and consumers – now and into the future.”

About Visa Direct

Visa participation in the EPC is mainly through Visa Direct. Visa Direct is a global payments solution for real-time money movement. Visa Direct provides a single point of access to billions of endpoints, helping transform global money movement by facilitating the delivery of funds directly to eligible cards, bank accounts and wallets around the world. Visa Direct supports multiple use cases such as person-to-person payments and account-to-account transfers, business and government payouts to individuals or small businesses, merchant settlements and refunds.

Isabelle Olivier, Director, Financial Institution and Bank Business Development: “We’re thrilled to be joining the EPC. The EPC is a critical player in advancing digital payments innovation in the region. Visa Direct is totally aligned with the EPC’s ambition to harmonise payments in SEPA for the benefit of European competitiveness and innovation. Together we will work towards making cross-border payments faster, more transparent and efficient, putting the power of money movement into the hands of our customers”.

BNP Paribas Fortis substituted KBC in the frame of a periodic rotation among PSPs representing Belgium in EPC’s governance bodies.

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?