(IN BRIEF) Bancomat, Bizum, SIBS-MB WAY, Vipps MobilePay and EPI Company have signed a Memorandum of Understanding to build a pan-European, interoperable payment system aimed at enabling seamless cross-border transactions by 2027 and strengthening Europe’s payment sovereignty. The initiative will … Read the full press release →
Posted in Banks, Business, Economy, European Union, Financial, Industrial, Investment, Marketing, Netherlands
Tagged Ángel Nigorra, Bancomat, Bizum, cross-border transactions, digital wallets, e-commerce payments, EPI COMPANY, EuroPA alliance, European payments, Fabrizio Burlando, Instant Payments, interoperability hub, Major European Payment Providers Launch Joint Initiative to Reduce Dependence on Global Networks, Martina Weimert, P2P payments, payment sovereignty, POS payments, Rune Garborg, SIBS MB WAY, Teresa Mesquita, Vipps MobilePay, wero
AMSTERDAM, 03-May-2018 — /EuropaWire/ — While most P2P payments are still made in cash, the number of smartphone payments is on the rise. Contrary to payments at points of sale (41.4% cash payments and 58.1% electronic payments), cash payments are still … Read the full press release →
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