PayPal has become a member of the European Payments Council (EPC), strengthening its role in shaping the future of digital payments across Europe and giving the global payments company a voice in the development of payment standards within the Single Euro Payments Area (SEPA).
The membership enables PayPal to participate in discussions on key areas affecting Europe’s payments ecosystem, including interoperability, instant payments, fraud prevention, payment resilience and improvements to consumer payment experiences. The EPC oversees payment scheme rules that support consistent transactions across 41 European countries within the SEPA framework.
The development further expands PayPal’s involvement in Europe’s financial infrastructure as the company continues to grow its presence as both a regulated European bank and a global digital payments provider serving more than 430 million active customer accounts worldwide. BrandNewsDay Banking News Desk understands that the move positions the company to contribute technical expertise and industry insight to future payment policy and infrastructure development.
Europe remains one of the world’s largest and most innovative payments markets, with regulators and industry participants increasingly focused on building faster, safer and more interoperable payment systems. PayPal’s participation in the EPC is expected to support broader collaboration between payment providers, financial institutions and regulators as the region advances digital payment innovation.
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