Five fintech firms were selected for a special collaboration with the European Central Bank, which will see them test the digital euro, opening a pathway for fast and inexpensive payment methods.
Payments Platform as a Service (PPaaS) is an open ecosystem combining natively built services with connections to third-party applications, and will support all devices and partners.
The commercial launch of PPaaS is scheduled for the second half of 2021, supporting the Group’s Terminals, Solutions & Services division’s transformation towards being an ecosystem enabler and trusted technology partner in the new world of cloud-based payments acceptance.
