SHIFT · EU
PayPal joins European Payments Council, securing voice in EU payments infrastructure
PayPal secured a seat on the European Payments Council (EPC), which governs payment rules, standards, and infrastructure across the EU. This gives the fintech player direct input into Single Euro Payments Area (SEPA) evolution and next-gen payment standards.
WHY IT MATTERS
Non-bank payment provider embedding in regulatory infrastructure signals shift toward inclusive payment ecosystem governance; accelerates fintech influence on EU settlement timelines and interoperability requirements.
Source: PYMNTS · 2026-07-03