GoKawiilEuropean Payment Network ENP Launches to Challenge US Giants
The European Network for Payments (ENP) has been established by major European payment providers, including Bizum, Bancomat, Wero, SIBS-MB WAY, and Vipps MobilePay, to create a unified infrastructure. Covering 70% of Europe's population, ENP aims to connect existing networks for seamless cross-border and in-person transactions, with plans to expand into online payments. The initiative seeks to reduce Europe's dependence on US-based payment giants like Visa and Mastercard.