European Payments Initiative (EPI)

About

EPI Company SE is at the forefront of transforming the European payment landscape with its innovative payment solution, Wero. Established through a collaboration of 16 prominent European banks and financial institutions, EPI aims to create a unified and efficient payment system tailored to meet the diverse needs of consumers and merchants across Europe. The essence of EPI's mission is to eliminate payment inefficiencies and foster a seamless payment experience by leveraging existing instant account-to-account payment infrastructures. The initiative reflects Europe’s commitment to building a cohesive financial ecosystem that supports instant and secure transactions. Wero, the hallmark product of EPI, is designed to enhance the payment experience for everyday users, focusing initially on peer-to-peer transfers before evolving to cover e-commerce and in-store payments. This digital wallet aims at ensuring transparency and providing added value through potential features such as buy-now-pay-later options, digital identity verification, and merchant loyalty integrations. EPI's dedication to continuous innovation positions it as a leader in the effort to establish a unified digital payment approach, addressing the current fragmented payment system across Europe.