Bancomat, Bizum, EPI/Wero, SIBS–MB WAY, and Vipps MobilePay launch a European interoperability entity
The Paypers reports that Bancomat, Bizum, EPI/Wero, SIBS/MB WAY and Vipps MobilePay established the jointly owned European Network for Payments in Spain. The entity will coordinate a common interoperability hub while domestic brands remain separate. Technical implementation is still being prepared: cross-border peer-to-peer payments are planned first, with ecommerce and point-of-sale payments later. The partners’ existing users should not be counted as users of an already live interconnected network.