Christof Danz
Corporate Spokesman
RBI joins the European Payments Initiative as Acceptor PSP
Raiffeisen Bank International (RBI) has become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This strategic step reinforces RBI’s commitment to contributing to a unified and sovereign payment ecosystem across Europe.
Raiffeisen Bank International (RBI) has become a member of the European Payments Initiative (EPI) and acts now as an Acceptor Payment Service Provider (PSP). This strategic step reinforces RBI’s commitment to contributing to a unified and sovereign payment ecosystem across Europe.
Supported by 14 major European banks and two leading payment service acquirers, EPI launched Wero, a unified mobile payment service aimed to be offered to all European companies and citizens. It offers a simple, secure, and fast account-to-account payment solution designed to streamline payments for consumers and merchants alike. By joining EPI as an Acceptor PSP, RBI will enable merchants within its network to accept Wero payments, facilitating seamless and secure transactions across multiple channels, including e-commerce and soon also point-of-sale transactions.
Martina Weimert, CEO of EPI, commented: “We warmly welcome Raiffeisen Bank International to the EPI community. Their participation as an Acceptor PSP is a significant milestone in expanding Wero’s acceptance network, especially as RBI is the first scheme member headquartered outside of EPI’s initial launch market, in the upcoming months. Together, we are committed to providing consumers and businesses with an easy-to-use payment solution that simplifies everyday transactions and enhances European financial autonomy.”
Matthias Dekan, Head of Payments & Daily Banking at RBI, stated: “Joining the European Payments Initiative as an Acceptor PSP marks an important chapter in our journey to foster a truly European payment solution. We are eager to offer our clients access to Wero, a payment method that ensures simplicity, security, and sovereignty. This partnership underscores our dedication to innovation and to supporting the evolving needs of the European market. We look forward to growing the Wero presence in Europe together with EPI.”
About EPI
EPI (or European Payments Initiative) is supported by 16 European banks and payment service providers. They have joined forces with a common goal: to offer a unified mobile payment service, to all European companies and citizens, Wero. EPI intends to enable European consumers and merchants and to carry out all types of retail transactions simply, via a resolutely sovereign digital wallet.Find out more at epicompany.eu
For further information on EPI, please contact:
Katuiscia Benloukil (katuiscia.benloukil@epicompany.eu)
About Wero
Based on instant account-to-account (A2A) payments, Wero further streamlines payments in Europe by eliminating intermediaries in the payment chain and the associated additional costs. Wero already supports payments between individuals, and will
shortly unveil payments to professionals (P2Pro) and those for online and mobile purchases. Point-of-sale payments will also be offered, as well as value-added services such as merchant loyalty programs and recurring subscription management.