ECB seeks experts to define digital euro integration across payments

The European Central Bank has opened applications for two expert workstreams to define how a potential digital euro could be used at ATMs and payment terminals. The initiative will develop technical specifications and certification frameworks to ensure integration with existing payment systems, including offline capability.

One workstream will focus on implementation specifications for ATM and terminal providers, while the other will design certification and approval frameworks for payment solutions. Experts will work on interoperability with standards used across Europe and on ensuring the digital euro can function alongside current payment technologies.

These workstreams will report to the Rulebook Development Group, which includes representatives from merchants, payment service providers and consumers. “The draft rulebook currently being developed will be sufficiently flexible to accommodate any future adjustments and will be updated in accordance with the outcome of the digital euro legislative process.

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