Finextra: ECB taps CaixaBank and Amazon for digital euro prototypes
16 September 2022
The ECB received 54 expressions of interest after it put out a call for partners in April and has now settled on the Spanish lender and US tech giant, alongside Worldline, Nexi and EPI.
The European Central Bank has picked five partners
- including CaixaBank and Amazon - to help it develop a digital euro
prototype.
For its part,
CaixaBank will focus on producing a prototype for P2P online payments
using the digital euro. Over the next few months, it will develop a
mobile app that simulates the steps individuals will need to transfer
digital euros to their account and/or transfer digital euros to other
individuals.
Worldline is responsible for developing the P2P offline payments use-case, while Nexi will work on in-store payments.
Finextra
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