TechFlow News, March 19: According to a Cointelegraph report, the European Central Bank (ECB) has opened expert applications for two new working groups under its Rulebook Development Group (RDG), focusing on implementing the digital euro at the ATM, point-of-sale (POS) terminal, and acceptance infrastructure levels.
The responsibilities of the two working groups are as follows: First, developing implementation guidelines for ATM and terminal providers, covering communication technologies, offline transaction capabilities, and reuse of existing payment standards; second, establishing testing, certification, and approval procedures for payment solutions and infrastructure used by Payment Service Providers (PSPs) within the digital euro ecosystem. Both working groups report to the RDG, whose members include merchants, PSPs, and consumer representatives.
The ECB previously disclosed plans to launch a 12-month digital euro pilot in the second half of 2027, involving a limited number of merchants, Eurosystem staff, and PSPs. Piero Cipollone, a member of the ECB’s Executive Board, confirmed this arrangement in February of this year.
