Odaily Planet Daily reports: The European Central Bank has announced the selection of 36 payment service providers from the eurozone to participate in the digital euro pilot. The pilot, set to launch in the second half of 2027 and last for 12 months, will be conducted by the European Central Bank and the 19 national central banks of the eurozone, testing functionalities such as digital euro payments, offline payments, e-commerce, and in-store purchases, while optimizing user experience in preparation for a potential future official launch of the digital euro. Following a call for expressions of interest issued in March 2026, over 50 applications were received; ultimately, 36 payment service providers from multiple member states were selected, including Deutsche Bank, Adyen, Revolut Bank, Stripe Technology Europe, and Worldline.
ECB Selects 36 Payment Providers for Digital Euro Pilot in 2027
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Summary
The European Central Bank (ECB) has selected 36 payment providers from the eurozone to participate in a digital euro pilot in 2027, as part of broader efforts to regulate digital assets. The 12-month trial will begin in the second half of 2027 and cover payments, offline transactions, and in-store usage. The ECB and 19 national central banks will oversee the trial, aiming to enhance user experience and support a future launch. Deutsche Bank, Adyen, Revolut Bank, Stripe, and Worldline are among those selected. The initiative also aligns with CFT objectives, as the design of the digital euro must meet strict compliance standards.
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