Digital Euro Payment System
Sector: Government • Location: European Union
Source: 1470 & 100.3 WMBD
The European Union is planning to set up a digital euro currency as an alternative to the dominant U.S.-based Visa and Mastercard payment systems. The digital euro would be an online wallet guaranteed by the European Central Bank, aiming to reduce dependency on foreign payment providers and strengthen Europe's strategic autonomy in digital payments.
- Status
- Prospective
- Sector
- Government
- Location
- Unknown (Europe)
- Updated
- 22 Jul 2026
- Source
- 1470 & 100.3 WMBD
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Project Information
Participants
Sponsoring Agency |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The European Union is planning to set up a digital euro currency as an alternative to the dominant U.S.-based Visa and Mastercard payment systems. The digital euro would be an online wallet guaranteed by the European Central Bank, aiming to reduce dependency on foreign payment providers and strengthen Europe's strategic autonomy in digital payments. |
Original sector | Finance |
Location
Country | Unknown (Europe) |
Source
Source | 1470 & 100.3 WMBD |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-09-23 |
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