Join the EPSM
To become EPSM member your organisation shall have an essential business interest in providing payment services to merchants in Europe.

Issuers, merchants and consultants are excluded from participation.

EPSM Admission Guidelines

Guidelines for the Admission of new Members
Status: 05 August 2008
The EPSM is an interest representation for "European Payment Service providers for Merchants."

In order to keep the focus, the following criteria shall be applied by the EPSM board (that is the EPSM Executive Committee, or “Vorstand”; in the following: the EPSM board) for the acceptance of new members:
  1. Potential new members shall have an essential direct or indirect business interest in providing commercially successfully payment services to merchants in Europe.
  2. For voting members, the fulfilment of point 1 shall regularly be assumed if the published annual report shows for more than 50% of sales revenues with payment and supporting services for merchants in the area of the European Union (EU) and European Free Trade Area (EFTA).
    If the annual report is not published in this detail, the EPSM board may decide to accept a written certification that more of 50% of or sales revenues in the last financial year have been generated with payment and supporting services to merchants.
  3. For non-voting members, the fulfilment of point 1 shall regularly be assumed for:
    • terminal manufacturers for current voting EPSM members,
    • payment processors for current voting EPSM members, and
    • payment schemes for current voting EPSM members,
    • deposit taking credit institutions with significant business in payment services for merchants or supporting services as long as the EPSM representatives belong to the organisational units that are responsible for providing these services
    if the at least one current voting EPSM member endorses the application by E-Mail, Fax or Mail.
  4. For non-voting members, the fulfilment of point 1 shall regularly be not assumed for applicants, whose main business activities are:
    • consultancy,
    • issuing for cards, or
    • merchant business.
  5. In any doubtful cases, the board shall decide. Any negative decision by the board may appealed by the applicant at the yearly Annual General Meeting to all voting EPSM members, which can decide ultimately by majority voting upon the application.

EPSM Membership Fee Rules

EPSM Membership Fee Rules
Status: 01 January 2018
For all EPSM members, the following rules do apply:
  1. The annual membership fee is Euro 1 400,- for a full year and in case of new members proportional Euro 166,67 per month for each started month of the membership.
  2. The annual membership fee will be due for all members that are voting or non-voting members effective on 1stJanuary of each year.
  3. For members that cancel their membership during a year, the full annual membership fee will still be due. There will be no refund and no proportional calculation of the membership fee.

    Only in case of cancellation of a membership and financial hardship of the former member (like high costs for closing a business), the former member can apply in writing to the EPSM board for a waiver of the outstanding membership fee. Two members of the EPSM board will decide on giving this waiver and will inform all members.
  4. The membership fee will be invoiced in January of each year. The due date will be app. 4 weeks after the invoice date and will be printed on the invoice.
  5. All changes to a member’s billing information, especially any changes in the billing address or contact person, have to be send without delay by the member to office@EPSM.eu .
  6. In case a member needs a “Purchase Order number” or similar item on the invoice, the member has to send this number by e-mail to office@EPSM.eu until Dec15th of the preceding year.
  7. The membership fee is payable in full amount the Euro account of the EPSM. In case of non-Euro credit transfers, the sender has to pay the transaction cost (e.g. SWIFT cost option for the sender: “OUR”).
  8. The membership fee is a “true membership fee” according to EU and German tax laws. It will be invoiced without VAT.
  9. According to the bylaws of EPSM, membership is continuously valid. Therefore, an active, written cancellation (by paper, fax, or scanned pdf-file per email) is needed to cancel the EPSM membership.
  10. In case an EPSM membership invoice will not be paid in time, a typical collection process will be started: 1st step: an e-mail-based “Informal Reminder”, 2nd step: a paper-based “First Formal Reminder”, 3rd step: a paper-based “Second Formal Reminder” 4th step: a paper-based “Third and Last Formal Reminder”, as final step by decision of the EPSM board: exclusion from the EPSM according to the bylaws, afterwards optional transfer to a professional collection specialist.
Approved by the EPSM members at the EPSM Annual General Meeting, Copenhagen, 29th June 2017.

EPSM Application Form
If you want to join EPSM as a member:
1. Please fill out the enclosed data fields for the application form, or download the form and fill out the data manually,
2. Then print the filled out application-form in pdf, get it signed by the right persons (according to the legal registry, and
3. Then send it to office@epsm.eu, together with
- a copy of your legal registry (for the check, that an authorized person has signed) and
- a brief company profile in English in pdf-format (for distribution by e-mail to all EPSM Members)

Application for Membership in the European Association of Payment Service Providers for Merchants - EPSM
Short Name:
Full Legal Name:
Street, No.:
ZIP- City:
Country:
I / We hereby apply to become member of the “European Association of Payment Service Providers for Merchants - EPSM e.V.”, Ludwigstr. 8, 80539 Munich, Germany, registered at Amtsgericht München, VR 18893, according to the current EPSM by-laws and membership fee rules that I have received (also available on the EPSM website). The annual membership fee is currently 1,400.00 Euro per year. I / we agree that the membership can be published by the EPSM. The application is endorsed by two EPSM members. The membership becomes valid after confirmation by an EPSM board member by e-mail, is a continuous membership and is valid until cancelled in writing (including e-mail) by either side.

For a full membership with voting rights:
Name of the signing person (according to legal registry):
Function:
Optional: Name of the 2nd signing person (according to legal registry)
Function:
- EPSM Contact Form -
Short Name of the Organization
Status :
Representative 1:
FullName
Position
E-mail
Tel.
Representative 2:
FullName
Position
E-mail
Tel.
Representative 3: (optional)
FullName
Position
E-mail
Tel.
Invoicing Data:
Full Legal Name
Invoice Name 2
E-mail for invoicing
Street, No.
ZIP - City
Country
Other member data for publication on the EPSM website:
Web page
Main Activity
 
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