Source: Reuters (via feed)
The CEO of the European Payments Initiative (EPI) told Reuters that fears related to the Trump administration are boosting regional adoption of a competing European payment platform. The concerns stem from the possibility that President Donald Trump’s administration could limit Europe’s access to U.S. payments infrastructure.
These fears have increased interest in the European Payments Initiative across the region. The information was disclosed in a Reuters report evaluating the status of EPI amid geopolitical concerns.
BizTrendWire Insight:
The CEO’s statement links political factors to growth in EPI adoption. This reflects ongoing concerns in the European payments sector.
The CEO’s statement links political factors to growth in EPI adoption. This reflects ongoing concerns in the European payments sector.
