ECB plans for a digital euro

[Lightning]

The ECB have chosen the banks that will take part in the Digital Euro Trial in September 2027.

Revolut, SumUp and PTSB/BAWAG personal customers might be able to partake.

Stripe and Adyen corporate customers might be able to partake.

AIB and BOI seem to not be taking part.

The full list:

- Adyen N.V.
- Banco Comercial Português (Millennium BCP)
- Banca Monte dei Paschi di Siena
- Banca Sella
- Bank of Cyprus
- BAWAG P.S.K.
- BPCE
- Caixa Geral de Depósitos
- CECABANK
- Cooperative Bank of Chania
- Corvus Pay
- Deutsche Bank
- DZ BANK
- Isybank
- JCC Payment Systems
- Landesbank Hessen-Thüringen (Helaba)
- National Bank of Greece
- Nexi Payments
- Nova Ljubljanska banka (NLB)
- Numia
- OP Retail Customers
- PAYONE
- Piraeus Bank
- Poste Italiane
- Raiffeisen Bank International
- Raiffeisenbank Austria
- Revolut Bank UAB
- RS2 Financial Services
- Satispay Europe
- Stripe Technology Europe
- SumUp
- Tatra banka
- Uinku Payments
- Unicre
- UniCredit
- Worldline Financial Services Europe

 

[balders93]

The ECB have chosen the banks that will take part in the Digital Euro Trial in September 2027.

Revolut, SumUp and PTSB/BAWAG personal customers might be able to partake.

Stripe and Adyen corporate customers might be able to partake.

From the article you linked:

the digital euro currently has no legal existence. Only Eurosystem employees will use the digital euro with a restricted network of businesses during the pilot project. The legislative process to adopt the initiative is still ongoing.

If the pilot is successful and the European regulation is adopted, the ECB is aiming for a first issue of the digital euro by 2029.

 

[Freelance]

AIB and BOI seem to not be taking part.

Taking part in a pilot of this nature requires resources and can place other demands on participating businesses. The main benefits for participants are usually in the area of early engagement leading to early adoption, gaining a lead on competitors and helping shape the future. Putting it mildly neither of the above businesses are particularly well endowed with the kind of IT/Business resources needed to participate constructively nor are they known for early adoption or championing change and improvement. Quite the opposite. It’s also unlikely that the ECB in choosing participants needed to include technology laggards.

Nationally it’s disappointing and embarrassing really. There was a time (long gone) when AIB at least was recognised as being in the vanguard of technology utilisation.

 

[Brendan Burgess]

The Central Bank's annual Financial Systems Conference is on next Monday . You can register to attend online.

This bit might interest people

Financial System Conference 2026 | Central Bank of Ireland

Financial System Conference 2026 - 2 November 2026

www.centralbank.ie