Overview
- Operators from 13 countries signed a memorandum of understanding to integrate their instant mobile‑payment platforms, led by Bizum, Bancomat, Sibs‑MB Way, Vipps MobilePay and EPI’s Wero.
- Peer‑to‑peer transfers are slated to go live in 2026, with e‑commerce and point‑of‑sale payments targeted for 2027 in a phased rollout.
- The combined network aims to cover about 130 million users across roughly 72% of the EU plus Norway.
- National brands will remain in place so users keep their existing apps, and a common European label will signal cross‑border acceptance.
- A central interoperability entity will be created in the coming months with its host city still to be decided, and proof‑of‑concept work will support the transition.