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HomeFinTechEuropean Card Payment Association Advocates for EU Payments Sovereignty

European Card Payment Association Advocates for EU Payments Sovereignty

Date:

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Promoting Autonomy and Security in Payment Systems Across Europe

Highlights:

  • The European Card Payment Association (ECPA) emphasizes the need for greater autonomy in EU payment systems.
  • The association calls for regulatory changes to enhance security and independence from foreign influences.
  • ECPA highlights the growing importance of secure payment methods in supporting EU economic resilience.

The European Card Payment Association is urging for increased sovereignty in payment systems throughout the EU. By proposing regulatory reforms, they aim to strengthen financial autonomy and reduce dependency on external payment solutions. This advocacy comes in response to rising security concerns and the urgency of providing reliable payment methods that support the European economy. The organization’s focus reflects a commitment to fostering a secure and independent financial landscape in Europe.

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