In brief: The Austrian RBI joins the PPE as Acceptor PSP

Raiffeisen Bank International (RBI) has recently formalized its membership of the European Payments Initiative (EPI), as Purchaser Payment Services Provider (PSP). This strategic development will enable us to offer the pan-European payment solution to our network of traders.

Raiffeisen Bank International therefore joins the European Payments Initiative as a provider of customer payment services. RBI will thus allow its traders to accept Wero in e-commerce and, soon, in physical point of sale.

So far, PPE partnerships have focused mainly on membership in historical markets (France, Belgium, Germany, Spain). Raiffeisen Bank International (RBI) becomes the first member outside the original EPI market to join the European Payments Initiative.

This strategic step should also strengthen RBI's commitment to contribute to a unified and sovereign payment ecosystem across Europe. On this subject, the Austrian bank participates the emergence of a stablecoin in euro with other banks.

With this new partner, PPE can now count on the support of 14 major European banks and two major payment service buyers.

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