Ralf Ohlhausen is a new member of the ECB’s Euro Retail Payments Board (ERPB)
Ralf Ohlhausen, Business Development Director of the PPRO Group, has been appointed as representative of the Electronic Money Association on the Euro Retail Payments Board (ERPB), chaired by the European Central Bank (ECB). This appointment places a PPRO executive into a significant role within a renowned body which will play a considerable part in shaping the future payment landscape of Europe
EMA and PPRO Group’s Position Strengthened
The ERPB is convened by the ECB which was founded in 2013 to replace the SEPA Council and which aims to further foster the development of an integrated, innovative and competitive market for retail payments in euro in the European Union. It comprises representatives from both the demand side (such as consumers, retailers and companies) and the supply side (banks, payment institutes and e-money institutes), as well as from the national central banks in the euro area. As a member of the ERPB, Ralf Ohlhausen will represent European e-money and payment institutions on behalf of the EMA (Electronic Money Association) and their interests. The EMA is Europe’s leading trade association representing the interests of innovative payment service providers and financial technology companies. In order to do this, the association maintains an active discussion with governments, public institutions and customer organisations.
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“E-money institutions and other fintech companies are playing an increasingly major role in the European financial world. Our representation in the ERPB enables us to influence new concepts like Instant Payments (SCT Inst), P2P Mobile or PSD2 and to further the development of existing payment systems like SEPA credit transfers, direct debits and credit cards,” explains Ohlhausen.
The PPRO Group is known in expert circles as a specialist in resolving complex e-payment processes in international e-commerce. Ohlhausen’s appointment underscores the company’s significance as a leader in the e-payment sector, as well as the outstanding expertise of its executives in the areas of e-money and alternative payment methods.