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07 October 2026

finextra: European payments groups join forces to take on US giants

Some of Europe's biggest payments groups - Bancomat, Bizum, Wero, Sibs-MB WAY and Vipps MobilePay - have banded together to create a cross-continent network that can take on Visa and Mastercard.

Last year, the bank-backed European Payments Initiative (EPI), which is behind the Wero wallet,

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