⁢ ‌ The EURO Retail Payments Board ⁤(ERPB) has announced a major milestone in the field of ​cross-border payments.
The European Payments Initiative (EPI) ‍has partnered with wero, a leading global payment solution provider, to enable instant and smooth cross-border‌ payments within the European Union member states.

⁣ EPI, an ambitious pan-European payment initiative, aims to​ create a unified and ⁤efficient payments infrastructure that ensures secure‌ and convenient transactions‌ for⁢ consumers and businesses ​alike. By joining forces with wero, EPI can provide ‍a seamless​ cross-border payment ​experience to⁣ its customers⁢ across the EU.

⁤ ⁢ Through ⁤this partnership, EPI enhances its capabilities by ⁣leveraging wero’s advanced technology solutions. These solutions enable real-time and secure digital payments⁢ between multiple countries, facilitating faster ⁤and more cost-effective cross-border transactions.

⁣ ‍ The collaboration between EPI and wero also addresses common challenges faced ‌by both consumers and businesses when ​making cross-border payments. It eliminates the‍ need for traditional⁢ payment intermediaries, reduces transaction fees, and minimizes the complexity associated with different banking systems and currencies.

⁣ Moreover,​ the integration of EPI’s‌ and wero’s platforms‌ ensures ‌compliance with the highest security standards and‌ regulations, safeguarding⁤ the privacy and integrity of customers’ financial‍ data during each transaction.

​ EPI’s instant cross-border ⁤payment solution ‍powered by wero⁣ enables‍ individuals and‌ businesses to send and receive money across⁢ Europe in real-time, irrespective ⁤of the ⁢sender’s or ‍recipient’s location. This innovation​ will greatly benefit consumers who often face delays and uncertainties when conducting‌ international transactions.

‍ The joint efforts of EPI and wero in revolutionizing cross-border payments contribute to the vision of a ⁣more⁢ united and interconnected Europe, where consumers⁢ and ‌businesses can effortlessly transact with each other, fostering economic⁢ growth ⁢and prosperity.