Europe is building its own payment network to finally compete with Visa and Mastercard

Europe is building its own payment network to finally compete with Visa and Mastercard


The original ENP initiative launched in 2023, but European sovereignty is now becoming a truly critical issue. The new network’s founders include Bizum (Spain), Bancomat (Italy), European digital wallet company Wero, SIBS-MB WAY, and Vipps MobilePay.

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