European Payments Alliance
The European Payments Alliance (abbreviated as EuroPA) is an initiative aiming at developing a unified European payment solution and facilitating the interoperability of mobile payment solutions provided by several firms. It was created in December 2023 by Italian interbank network Bancomat, Spanish mobile payment firm Bizum and Portuguese firm SIBS (which operates the mobile payment service MB Way). Like the European Payments Initiative (which operates Wero), EuroPa's goal is to provide a euro-owned payment system capable of wresting control away from US payment providers.