St. Petersburg International Economic Forum 2022

The payments sector is going through a profound change by integrating the fields of credit and loyalty schemes. At the same time, major players are making acquisitions consolidating the European market. Consequently, regional champions are emerging between the global players and the fragmented local operators. That is the conclusion of a new report by the Emerging Payments Association EU (EPA EU) and The Paypers, commissioned by Luxembourg for Finance.

The report offers the first strategic review across Europe’s individual payments markets, ranking the key players according to their place in the value chain and some financial indicators.

The research goes beyond the pan-European well-known trends of increased digitalisation and decreased cash usage, and dives into how the different national, political, and economic pressures influence the payment landscape within regions of Europe.