Digital Euro Payment Infrastructure
Sector: Finance • Location: European Union
Source: Cointribune
The European Central Bank (ECB) is preparing to build an open European payment infrastructure for the digital euro. This infrastructure aims to reduce Europe's dependence on Visa, Mastercard, and major foreign digital wallets by relying on open standards and common technical infrastructure. The project involves partnerships with three standardization organizations: European Card Payment Cooperatio
- Status
- Prospective
- Sector
- Finance
- Location
- Unknown (Europe)
- Updated
- 22 Jul 2026
- Source
- Cointribune
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The European Central Bank (ECB) is preparing to build an open European payment infrastructure for the digital euro. This infrastructure aims to reduce Europe's dependence on Visa, Mastercard, and major foreign digital wallets by relying on open standards and common technical infrastructure. The project involves partnerships with three standardization organizations: European Card Payment Cooperation (CPACE) for contactless payments, nexo standards for connections between merchant terminals and payment service providers, and the Berlin Group for account-linked payments. The initiative seeks to regain control over payment systems in Europe and enhance payment sovereignty. |
Original sector | Finance |
Budget |
Location
Country | Unknown (Europe) |
Source
Source | Cointribune |
URL |
More Details
Record type | Project |
Article published date | 2026-04-29 |
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