Europe
European payments news: SEPA instant, the digital euro, PSD3, card fees, open banking and payments deals.
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Mastercard makes offline payments mandatory for new cards and terminals in Europe
Mastercard will require every new European card from February 2027, and new terminals from May 2027, to approve payments of up to €200 during outages.
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Swift ledger carries live tokenised payments for most of its first-mover banks
Most of the 17 first-mover banks on Swift’s blockchain ledger have made 24/7 tokenised payments in five currencies, Swift said as Sibos opened in Miami.
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