Bizum Celebrates Europe Day Reaffirming Commitment to Interoperable Digital Payments Ecosystem Across Continent

Europe is taking a big step towards making digital payments easier across borders.
Several major payment companies, including Bizum from Spain, BANCOMAT from Italy, Blik from Poland, Blink by BORICA from Bulgaria, MB WAY from Portugal, and Vipps MobilePay from Denmark, Finland, and Norway, are teaming up.
They’re celebrating Europe Day by showing their commitment to a united Europe, especially when it comes to digital payments.

A Shared Vision for Digital Payments

The idea of a united Europe isn’t new.
It started with the Schuman Declaration in 1950, which said that Europe wouldn’t be built all at once, but through small, concrete steps that create real solidarity.
This idea is now being applied to digital payments.
The companies are working together to create a common infrastructure that lets people send and receive money across Europe easily.

The European Payments Alliance (EuroPA) is behind this effort.
It aims to create a system that works across Europe, based on EU rules and trust in local brands.
EuroPA is all about collaboration between private companies to make digital payments more independent and self-sufficient.

How It Works

Bizum, a Spanish mobile payment solution, is leading the charge.
They’re working with other companies to create a seamless experience for Europeans.
The goal is to let people send and receive money in real-time, no matter where they are in Europe.

Ángel Nigorra, Bizum’s CEO, says they’re excited to bring this service to Europeans.
He believes more companies will join, creating a strong European payment system.

A Growing Network

EuroPA is already making a big impact.
It connects over 50 million users and 180 financial institutions.
In 2024, Bizum, BANCOMAT, and MB WAY processed over 2 billion transactions, making up a large share of instant transfers in their countries.

The alliance plans to expand to more European markets.
The goal is to make payments easier and more integrated across the continent.
This is a step towards a more digital and collaborative Europe.

  • EuroPA connects over 50 million users and 180 financial institutions.
  • In 2024, Bizum, BANCOMAT, and MB WAY processed over 2 billion transactions.
  • The alliance plans to expand to more European markets.

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