Europe's Payments Sovereignty Plan
Sector: Commercial • Location: Multiple European countries
Source: European Business Magazine
Europe is rolling out its payments sovereignty strategy to reduce reliance on Visa and Mastercard by building a sovereign payment system based on the SEPA Instant Credit Transfer scheme and the EuroPA hub. The system includes the consumer-facing Wero wallet, interoperability among national payment systems through the EuroPA hub, and integration with the European Central Bank's digital euro project
- Status
- Under Construction
- Sector
- Commercial
- Location
- Poland
- Updated
- 22 Jul 2026
- Source
- European Business Magazine
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Europe is rolling out its payments sovereignty strategy to reduce reliance on Visa and Mastercard by building a sovereign payment system based on the SEPA Instant Credit Transfer scheme and the EuroPA hub. The system includes the consumer-facing Wero wallet, interoperability among national payment systems through the EuroPA hub, and integration with the European Central Bank's digital euro project. The plan involves operational milestones such as cross-border peer-to-peer payments, e-commerce and point-of-sale interoperability, and digital euro integration. |
Original sector | Financial Infrastructure |
Location
Country | Poland |
Source
Source | European Business Magazine |
URL |
More Details
Record type | Project |
Sector | Commercial |
Article published date | 2026-05-01 |
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