News

Key Players in the EU Payments Landscape – 2023 Edition

Wednesday 31 May 2023 14:46 CET | News

The Payments Association EU (PA EU) has launched the 2023 edition of the 'Key Players in the EU Payments Landscape' report, written in collaboration with Deloitte and The Paypers.

 

The 2023 'Key Players in the EU Payments Landscape' report by The Payments Association EU (PA EU), written in collaboration with Deloitte and The Paypers offers an exclusive strategic review across EU’s individual payments markets, ranking the key players according to their place in the value chain and financial indicators.

The Payments Association EU (PA EU) has launched the 2023 edition of the 'Key Players in the EU Payments Landscape' report, written in collaboration with Deloitte and The Paypers.

In the first part, Deloitte presents the changing landscape of the payments industry, and gives their view on the state of the payments ecosystem. In the second part, we take a closer look at the players and characteristics of the EU payments landscape. This analysis is carried out at three different levels: global, regional and local with a comprehensive observation of operators and country-specific results.

The report is complemented by a financial perspective thanks to the exclusive use of the Orbis database (by Bureau van Dijk, a Moody’s Analytics Company) and convenient LinkedIn hyperlinks to easily reach all listed companies.

Some findings of the research include:

  • PSD2 should have been a driver for innovation in payments, yet we are seeing a disparity in terms of players It seems that the fragmentation of technical standards and the reluctance of banks to adopt the account-to-account payment infrastructure may largely explain why PSD2 has not driven greater growth in Europe as a whole.

  • With the financial crisis of 2008, Brexit, COVID-19, and the war in Ukraine, Europe has experienced many disruptions that have prevented regulatory harmonisation, but this has not averted a continued move towards a cashless society.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: PSD2, COVID-19, payments , report, payments infrastructure
Categories: Payments & Commerce
Companies: Deloitte, The Payments Association
Countries: Europe
This article is part of category

Payments & Commerce

Deloitte

|

The Payments Association

|
Discover all the Company news on Deloitte and other articles related to Deloitte in The Paypers News, Reports, and insights on the payments and fintech industry: