Details
EPI Company is a European financial services initiative backed by major banks and payment providers, focused on building a unified digital payment system for Europe. The organisation is behind “Wero,” a digital wallet designed to simplify and standardise payments across European countries.
The company’s mission is to create a pan-European payment solution that enables instant account-to-account transactions for individuals and businesses. It aims to reduce fragmentation in the European payments landscape by offering a single system that works across borders and banking institutions.
EPI focuses on developing use cases such as person-to-person payments, online purchases, and in-store payments, with the goal of replacing or complementing existing fragmented national systems. It is supported by a consortium of major European banks and payment service providers, making it a collaborative industry initiative rather than a traditional standalone fintech company.
The organisation is currently rolling out its Wero solution in stages, starting with selected European markets and expanding gradually to broader retail payment use cases.