Story perspectives
Bizum, Bancomat Launch European Payments Network in Madrid
By Drooid · · How we work
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Story summary
- European payment groups including Bizum and Bancomat launched the European Network for Payments in Madrid, Spain.
- ENP’s founders serve about 130 million users, covering over 70 % of the EU and Norway.
- A phased rollout will start with cross-border person-to-person payments, then add e-commerce and POS.
- Martina Weimert said fragmentation remains the biggest hurdle for the European Payments Initiative.
