Over the years ‘Instant Payments’ have gained more momentum within Europe, although the infrastructure in the euro area for instant payments is ready but it’s still far from becoming a ‘new-norm’ as the adoption rates have only been under 12% of the total euro credit transfers.
However things are looking to change as EU is stepping-on the accelerator and has proposed ‘instant payments’ in euros to become a mandatory feature where Payment Service Providers (PSPs) will be required to offer euro instant payments (sending and receiving), 24/7, 365 days a year. The European Commission has sought to make Instant Payments accessible to everyone across the EU, for which reason the proposal obliges PSPs to not charge more for instant payments than they do for traditional money transfers. Also, there are provisions to ensure that Fraud Risk can be mitigated and ensure quick and secure payments for all.
We are proud to host the 7th annual Instant Payments Summit. It remains one of the only shows dedicated to this crucial topic. It was launched in 2017 in London and thereafter having traveled in Brussels, Amsterdam, Frankfurt, Online and Stockholm is now going to be back in Frankfurt with an aim to bring more momentum to this region. We have embedded Fraud Management into this show to make it more comprehensive.
This is a focused day conference to be represented by 25+ leading speakers with estimated 125+ qualified senior level attendees. See you in Germany!