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The Payments Association EU

@PAssocEU

The Payments Association EU is a business club of decision makers in the payments industry.
Luxembourg thepaymentsassociation.eu Joined February 2020
928 Following 1.5K Followers 1.4K Posts

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The Payments Association EU @PAssocEU
Today, @Youcef_Tahari of @PAssocEU contributed to the Policy Breakfast “Shaping Europe's Payments Landscape: The Role of the #Digital Euro”, organised by I-Com, Institute for Competitiveness at the @Europarl_EN

The discussions brought together Piero Cipollone, Member of the @ecb 's Executive Board, Nicola Branzoli, Head of the Digital Euro Regulation Division at @bancaditalia , MEPs and Shadow Rapporteurs, representatives of several EU Member States' Permanent Representations, and Stefano da Empoli, President of I-Com, alongside many other stakeholders.

We discussed three priorities: complementarity with private-sector initiatives, fair competition for all payment providers, and interoperability with existing solutions.

Thank you to I-Com for organising this timely discussion.

#DigitalEuro #Payments #EuropeanPayments
The Payments Association EU @PAssocEU
Important Member News from Brite Payments:

"Brite Payments Online Payments Report 2027: Deutschland is here! 🇩🇪

Results show that payment sovereignty has emerged as a top concern for German online consumers. There’s a clear demand for secure, resilient digital payment systems that put control firmly back in the hands of consumers and businesses.

Key findings conducted with Appinio 👇

▪️66.4% demand crisis-resilient payment systems that operate independently of geopolitical tensions.

▪️53.0% feel safer when their transaction data remains in Germany or Europe.

▪️50.8% explicitly prefer European payment methods as a means of protecting their financial data.

But sovereignty is only half the story. The other half is the consumer wanting a seamless, frictionless payment experience.

Manual card entry is being actively avoided by over half (53.3%) of German consumers during their day-to-day online shopping. 21.5% abandon their purchase due to technical payment gateway issues, expired card credentials or difficulties with the 2FA process, and 21.3% even abandon checkout when confronted with mandatory registrations.

This checkout friction is not only frustrating consumers but also ultimately hurting the merchant’s bottom line.

The key takeaway? German consumers want online payment options that are simple, secure and give them control.

💡 For more payment trends and insights, read the Online Payments Report 2027: Deutschland now lnkd.in/d9jrt6FP
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The Payments Association EU @PAssocEU
We're heading to #Brussels for a very special #Christmas Edition of our legendary PA@Home parties!
Register here: bit.ly/4zsyfEH
On December 3rd, we'll bring together the leading professionals in the #payments industry for a festive evening of connection, insights, and merriment, sponsored by @swiftcommunity. Don't miss this chance to meet your fellow peers and celebrate the holidays in style!
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