= Paid content
1 min read

European payments firms launch alliance to rival US systems

Five European payment providers form an alliance to create an alternative to US-led digital payment systems, covering over 70% of the EU and Norway's population. The group includes Bancomat, Bizum, EPI Company/Wero, SIBS-MB WAY and Vipps MobilePay, serving around 130 million users across 13 countries. (RTE)

European payments groups form alliance to challenge US dominance in digital payments and enhance EU digital sovereignty.
Five European payment providers have joined forces to create an alternative to US-led digital payment systems, aiming to cover over 70% of the EU and Norway's population.
Subscribe to our newsletter

Subscribe to our newsletter to get the latest updates and news

Member discussion