European companies approve more than EUR 100 billion through Bank of America CashPro App

# European companies approve more than EUR 100 billion through Bank of America CashPro App

> Evidence tier: B1
> Evidence type: Independent payments trade-media report linked to Bank of America's primary release
> Source: [PYMNTS](https://www.pymnts.com/news/payment-methods/mobile-payments/2026/european-companies-shift-treasury-to-mobile-with-bank-of-america-cashpro)
> Published: 2026-09-17
> Captured: 2026-09-17T16:52:48.994Z

## Source summary

PYMNTS, citing Bank of America, reports that European clients approved more than EUR 100 billion in payments through the CashPro App during the first seven months of 2026. Bank of America says transaction count increased 25%, payment value rose 21%, 74% of European CashPro users now choose a mobile token, and the CashPro platform serves more than 35,000 companies globally.

## Why it matters

The figures provide a concrete signal that mobile approval has become material in corporate treasury workflows. All usage and growth figures are first-party Bank of America claims reported by PYMNTS; the release does not disclose the client cohort, comparison-period values, payment mix, fees, failed-payment rate, settlement time or an independent audit, so it supports scale rather than causation.

## Key numbers

- **Payments approved by European clients in the first seven months of 2026:** >EUR 100B
- **Transaction-count growth:** 25%
- **Payment-value growth:** 21%
- **European CashPro users choosing a mobile token:** 74%

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: Bank of America
- Company intelligence
- Cross-border payments
- Payment infrastructure

## Evidence and credibility note

Readable PYMNTS report linked to Bank of America's primary release. The usage figures are first-party and not independently audited; cohort definitions and underlying operating metrics are limited.

Date evidence: PYMNTS article metadata and Bank of America's linked release both identify September 17, 2026

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original PYMNTS report](https://www.pymnts.com/news/payment-methods/mobile-payments/2026/european-companies-shift-treasury-to-mobile-with-bank-of-america-cashpro)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.