2023-04-25 07:00:00
The European Payments Initiative (EPI) plans to start mobile-to-mobile payments in 2024, with other mobile payments to follow.
(Foto: Moment/Getty Images)
Frankfurt A total of 16 European financial service providers, including Deutsche Bank and the savings banks, want to start a new European payment system at the beginning of next year. Specifically, it is planned that banks from Belgium, Germany and France will then introduce an app for mobile-to-mobile payments. Other countries are to follow, as the European Payments Initiative (EPI) announced on Tuesday morning.
In addition, EPI wants to offer payment in online shops by the end of 2024 and also payments at the checkout in the course of 2025. “Then customers will also be able to use their bank card – in Germany, for example, the Girocard – as well as debit and credit cards from international providers for EPI,” EPI boss Martina Weimert told Handelsblatt. Because in addition to account-to-account payments, EPI will enable the integration of the cards.
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