Raiffeisen Bank International (RBI), a leading Austrian banking group operating across Central and Eastern Europe, has formally joined the European Payments Initiative (EPI) as an Acceptor Payment Service Provider (PSP).
As part of its new role, RBI will enable merchants in its network to accept Wero, EPI’s newly launched mobile payment service. Powered by instant account-to-account payments, Wero is designed to deliver simple, secure, fast and cost-efficient payments for both consumers and merchants. The service already supports peer-to-peer payments and will soon expand to payments to professionals, online and mobile checkout, and point-of-sale transactions.
The new product extends beyond basic payments, with upcoming features set to include merchant loyalty programmes and subscription management tools.
EPI CEO Martina Weimert said, “We warmly welcome Raiffeisen Bank International to the EPI community. Their participation as an Acceptor PSP is a significant milestone in expanding Wero’s acceptance network, especially as RBI is the first scheme member headquartered outside of EPI’s initial launch market, in the upcoming months. Together, we are committed to providing consumers and businesses with an easy-to-use payment solution that simplifies everyday transactions and enhances European financial autonomy.”
RBI head of payments & daily banking Matthias Dekan stated: “Joining the European Payments Initiative as an Acceptor PSP marks an important chapter in our journey to foster a truly European payment solution. We are eager to offer our clients access to Wero, a payment method that ensures simplicity, security, and sovereignty. This partnership underscores our dedication to innovation and to supporting the evolving needs of the European market. We look forward to growing the Wero presence in Europe together with EPI.”
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