MyBank, Pan-European ePayments Service, Has Successful Test

A test transaction between France’s BRED Banque Populaire and Istituto Centrale delle Banche Popolari Italiane (ICBPI) over the MyBank online payment system was successful this week, Finextra reports.

In MyBank, EBA Clearing is hoping to create “a pan-European electronic payments service for online shopping, enabling buyers and sellers to complete transactions through their e-banking portals,” Finextra says.

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