The ECB is preparing to test the digital euro in real-world payment scenarios. Merchants are being invited to join a 12-month pilot alongside 19 euro area central banks and 36 banks and payment firms.
Deutsche Bank, Revolut, CaixaBank, BNP Paribas and ING are among the financial institutions already selected for the program. The pilot will test the infrastructure and user experience ahead of a possible digital euro issuance in 2029.
Deutsche Bank, Revolut, CaixaBank, BNP Paribas and ING are among the financial institutions already selected for the program. The pilot will test the infrastructure and user experience ahead of a possible digital euro issuance in 2029.
