Paysera Becomes the First EMI in Europe to Gain Direct Access to TARGET Services Infrastructure
The international fintech company Paysera has become the first Electronic Money Institution (EMI) in Europe to process Euro payments directly through the European Central Bank’s (ECB) T2 system. By achieving direct participant status, Paysera has joined the Eurosystem’s primary payment and settlement infrastructure—a network that, until now, was accessible only to central and commercial banks, central securities depositories, EU national treasuries, and other critical financial market infrastructures.