PayPal Secures EPC Seat to Help Guide Future of European Payments

PayPal said Thursday (July 2) that it has secured a seat at the table to influence the future of payments in Europe by joining the European Payments Council (EPC). EPC brings together organizations that are involved with the rules, standards and infrastructure underpinning European payments. The council manages the rules for payment systems used across the Single Euro Payments Area (SEPA) that spans 41 European countries, PayPal said in a Thursday press release .