EuroPA, a consortium of payment service providers including Bancomat, Bizum, MB WAY (SIBS), and Vipps MobilePay, has entered into a partnership with the European Payments Initiative (EPI).
The first phase of their collaboration is nearing completion. The second phase involves finalizing the feasibility study, which is currently ongoing and due by December 2025, followed by moving into the implementation phase.
EuroPA and EPI, alongside Bizum, MB WAY, and Vipps MobilePay, are establishing a central technical hub based on European infrastructures. This hub aims to enable users to perform instant cross-border payments daily, covering applications such as P2P transfers and transactions both online and in-store. This approach ensures that consumers and merchants can continue to use their preferred solutions with an expanded European reach.
The Mobile Payments Alliance in Europe
EuroPA (European Payments Alliance) is a group of mobile payment service providers from various European markets. Its goal is to contribute to the development of a sovereign pan-European payments market through interoperability between existing payment solutions, leveraging SEPA instant payment standards and significant mobile solutions within Europe.
The initiative began its collaboration with Bancomat, Bizum, and MB WAY/SIBS in March 2025, benefiting 50 million users across Andorra, Italy, Portugal, and Spain. Other similar solutions like Bilk from Poland, Greece’s IRIS, and Vipps MobilePay from the Nordics have joined and will be integrated gradually.
This new partnership offers multiple payment methods to ensure a smooth and user-friendly experience while supporting operations with various brands. Interoperability is built on European regulatory standards and deployment will occur progressively, starting with P2P transfers, with additional use cases to follow.
In its initial stage, the alliance will cover 13 markets where participating companies are already active—Andorra, Belgium, Denmark, Finland, France, Germany, Italy, Luxembourg, The Netherlands, Norway, Portugal, Spain, and Sweden. This step marks a move towards an increasingly independent and sovereign European payment ecosystem.
