Payments Cluster


The Payments landscape is undergoing major changes including in particular:

  • The regulatory changes (e.g. PSD2 / RTS)
  • The market changes (e.g. instant payments, mobile payments)
  • The technological changes accelerated by disruptive technologies
  • The new entrants
  • AISPs – Account Information Service Providers (1) (1 passported)
  • PISPs – Payment Initiation Service Providers (1)
  • Other Start-up FinTechs and BigTechs (e.g. Apple, Samsung, Alipay)
  • The demanding customers (individuals and corporates)
  • Demanding new services / delivery channels (any time, from any device and from anywhere)

Also, payments have become a strategic issue for several financial service providers.

Therefore, it was obvious and especially necessary to create a Payments Cluster to better support the payments multi-stakeholders in Luxembourg, members of the ABBL.


  • Be the Luxembourg Payments Market’s voice and a partner of choice for the multi- stakeholders in the payments domain
  • Lobbying at national and European levels
  • Supporting the European and Luxembourg regulators and policy makers in developing adequate regulatory frameworks allowing the business development of the Cluster’s members
  • Contributing to make Luxembourg an international centre of excellence for payments by setting up and supporting an innovative payments eco-system
  • Attracting regulated PSPs (payment service providers) as well as payments related support service providers (i.e. PSF SU, law firms, consultants, technology providers) to the Luxembourg financial sector and to the ABBL and to foster cooperation between the established actors and new entrants
  • Supporting the promotion of Payments services provided by the Cluster’s members
  • Liaising with relevant multi-stakeholders in Luxembourg and run a platform where all interested parties may exchange on the evolution of payments
  • Helping ABBL members to address current and future challenges and to seize opportunities by ensuring an appropriate level of technology and regulatory watch, by monitoring the supply as well as demand sides of the payments business and by studying possible impacts of identified changes on the payments business
  • Defining common positions when required (answers to surveys and consultations by authorities) and make recommendations to the Cluster’s members
  • Raising awareness and disseminate knowledge on payments within the PCL and ABBL by organising regular meetings and workshops
  • Enhancing the qualifications and skills needed
  • Contributing to the financial education of the payment service users
  • Representing the Luxembourg payments community in national, European and International relevant associations, organisations and working bodies


The Cluster is open to:

  • All members of the ABBL (Banks,  Payment institutions, Electronic money institutions, Infrastructures / Support PSF, Law Firms and Consultants).
  • All SEPA participants, members of the ABBL are automatically member of the Cluster
  • All SEPA participants, which are not member of the ABBL, will be invited to the meetings related to SEPA issues and shall have for those issues a voting right

Also, the Financial Sector Supervisory Commission (CSSF) and the Central Bank of Luxembourg  (BCL) are invited in the meetings of the Payments cluster and associated working groups.



Association des Banques et Banquiers, Luxembourg


12, Rue Erasme L-1468 Luxembourg

Phone Fax
Opening hours

Monday to Friday from 8:00 to 17:30.