The European Association of Payment Service Providers for Merchants is a non-profit trade association established to represent the interests of its members and to exchange news, information and opinions about the European payments market.
Its members include network operators, acquirers, internet and mobile payment providers, companies providing processing services and payment schemes.
EPSM currently represents 68 organizations headquartered in 16 different countries.
EPSM members benefit from the following services:
- A peer networking platform among key players in Europe's payments industry
- Strategic relationships that provide direct input into and influence on policies and decisions
- A monthly research bulletin with information on SEPA and other trends
- Regular first-hand updates on regulatory initiatives
- Pan-European meetings with presentations from payments market experts
EPSM's website can be accessed from the link below:
The role of associations in the sector
Industry associations create a common voice with regulators, contribute to standardization work and increase information sharing among their members. Members can learn about new legislation early.
The issues that matter for merchants are commission transparency, security and the competitive environment. The association can express opinions on these issues.
Similar structures exist for payment institutions in Türkiye; they play an advisory role in shaping local legislation.
