"Five Belgian banks - Argenta, Bank Van Breda, Beobank, Crelan and vdk bank - said on Monday that they were joining the European Payments Initiative and that they would roll out the EPI's digital wallet Wero to their customers next year. The EPI was set up by European banks in a bid to rival the dominance of U.S. companies Visa and Mastercard."

"BNP Paribas Fortis, Belfius, ING and CBS are now offering customers in Belgium Wero through their apps, according to the European Payments Initiative. The digital wallet is also operational in Germany and France, enabling cross-border payments across Western Europe."