Bancomat, Bizum, SIBS-MB WAY and Vipps MobilePay (all of which are members of the EuroPA Alliance) and EPI Company (EPI) jointly announce today the signing of a Memorandum of Understanding (MoU), marking a decisive step towards strengthening Europe’s payment sovereignty.

At launch, the initiative will span 13 European countries[1], collectively already covering ~72% of the European Union and Norway population. The coalition is open to all European countries, including Switzerland and other non-euro markets

Following the MoU, the partners will establish the central interoperability entity by H1 2026, will start preparing the technical implementation of the target set-up, and conduct proof‑of‑concepts (PoCs) in parallel.

Coverage of all use cases is intented by 2027 through a phased rollout:

• In 2026: rollout of peer-to-peer (P2P) cross-border payments

• In 2027: rollout of e-commerce and point-of-sale (POS) payments

[1] Andorra, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain and Sweden.