The European Central Bank has launched a working group for the integration of digital euro ATMs and payment terminals, planning to conduct a pilot in 2027
According to Cointelegraph, the European Central Bank (ECB) has announced the opening of expert applications for two new working groups under its Rules Development Group (RDG), focusing on advancing the implementation of the digital euro at the ATM, payment terminal, and acceptance infrastructure levels.
The responsibilities of the two working groups are as follows: first, to develop implementation specifications for ATM and terminal providers, covering communication technology, offline transaction capabilities, and the reuse of existing payment standards; second, to establish testing, certification, and approval process plans for payment solutions and infrastructure used by payment service providers (PSP) in the digital euro ecosystem. Both working groups report to the RDG, which includes members representing merchants, payment service providers, and consumers.
The ECB has previously disclosed plans to launch a 12-month digital euro pilot in the second half of 2027, with participation from a limited number of merchants, euro system staff, and PSPs. ECB Executive Board member Piero Cipollone confirmed these arrangements in February this year.
-- Price
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