EAPS joins the Berlin Group
The Euro Alliance of Payment Schemes (EAPS) is a joint initiative by European Payment Schemes, enabling European cardholders and retailers to make card payments and cash withdrawals with payment card across Europe's national boundaries. The objective of the EAPS is to enable participating schemes to offer their member banks a new alternative for pan-European card payments.
The EAPS believes that the Implementation of the open Berlin Group Standards enhances competition and strengthens European presence and influence in the card payment market. The objective of EAPS is to deliver facilitates along the vision of European banks, card holders, merchants and regulators for secure, reliable and efficient card payments across Europe. The standardisation work of the Berlin Group plays an important role in supporting the efficiency of European card transactions and guarantees independence from proprietary standards