European Payments Initiative, a creator of payment solutions that uses instant payments and cards, agreed to acquire Currence, a designer and developer of a modern, straightforward and efficient payment systems. Financial terms were not disclosed. “EPI is delighted to welcome Currence iDEAL and PQI. Together we will join forces to realise EPI’s vision as we build an innovative solution based on a new, unified instant payment scheme and platform for Europe. EPI will leverage the strong operational experience, know-how, and local market knowledge of these companies. We are developing a new, scalable platform to address the modern and evolving payment needs of European consumers and merchants in the best possible way, with efficient, state-of-the-art technology," Martina Weimert, European Payments Initiative CEO.