CEPS - Centre for European Policy Studies 1 Place du Congrès / Congresplein 1000 Brussels
Still today, the European payments market remains fragmented. Most players operate solely at the national level and consumers depend on international schemes for cross-border transactions. Change is needed, as secure, efficient and low-cost cross-border payments are essential for the functioning of the EU single market, as well as for deeper European integration.
Membership
The European Credit Research Institute (ECRI) is a think-tank managed by CEPS and has its own board with its own strategy. At present, its funding is based on some combination of research projects and membership fees. ECRI is supported by 10 prestigious members whose primary focus is on payments and consumer loans: