🎉 Europe: Mastercard and Deutsche Bank🇩🇪 launch open banking

🎉 Europe: Mastercard and Deutsche Bank🇩🇪 launch open banking

The drive for account-to-account (A2A) payments has been actively championed by Wero, the digital wallet backed by Deutsche Bank. Developed under the European Payments Initiative (EPI), it aims to serve as a European alternative to Mastercard and Visa.

➡️ #Geopolitics in play❗️The trend toward greater financial sovereignty continues to gain momentum across Europe.

➡️ Deutsche Bank has expanded its Merchant Solutions offering—especially the Request to Pay service—by integrating with Mastercard’s open banking network. This collaboration introduces new levels of choice and flexibility. Shoppers will be able to authorize payments directly from their bank accounts, with real-time processing and instant confirmation.

➡️ For end users, this means faster payments, improved reconciliation, and greater transparency in transactions.

#news #Europe

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