Payment Providers
Companies and institutions that facilitate the transfer of funds between buyers and sellers, merchants and consumers, or individuals. In the context of the digital euro, these providers will play a key role in integrating and distributing the digital currency to end-users.
ECB Advances Digital Euro Project: 36 Payment Providers Selected for Crucial Beta Testing
The European Central Bank is moving forward with its digital euro initiative, selecting 36 payment providers for extensive beta testing. This phase is critical for evaluating the technical feasibility and user experience of a potential central bank digital currency (CBDC) before a planned 2027 pilot launch.
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