In this episode, we discuss the purpose of the European Payments Stakeholders Group (EPSG) with its chairman Torbjörn Furubjelke. We cover the role it played in harmonizing European card payments (when it was still called ECSG), and how it is now expanding this to mobile instant payments to allow consumers an easy and fair choice between all the options for making retail payments in ecommerce and at physical point of sales (POS) - together often called the point of interaction (POI).
EPSG Website: https://www.europeanpaymentsstakeholdersgroup.eu/
Chapters
00:00 Introduction to EPSG and Its Role
02:38 Understanding EPSG's Historical Context
05:15 The Need for Harmonization in Card Payments
08:41 Why EPSG is Essential for European Payments
12:26 Expanding EPSG's Scope Beyond Card Payments
15:43 Integrating Instant Payments and Sovereignty in Europe
