Chronological log of payment infrastructure changes — launches, sunsets, operating hour changes, ISO 20022 migrations, and regulatory updates.
Bank of England confirmed CHAPS will extend opening hours from 06:00 to 01:30 effective September 2027, enabling earlier-morning settlement for UK payments.
Bankgirot is phasing out legacy batch services (Dataclearing, Bankgiro credit transfers, Bg Lon, Leverantorsbetalningar) by end of 2026. Replaced by bank-direct processing with ISO 20022 XML and NPC Credit Transfer Rulebook. Bankgirot itself remains as Sweden's central clearing hub. Autogiro and e-invoice continue unchanged.
Unstructured postal addresses will no longer be accepted in CBPR+ ISO 20022 messages from November 2026. All institutions must include structured or hybrid addresses with mandatory Town and Country fields.
Payments Canada's Real-Time Rail (RTR) will launch in Q3 2026, built natively on ISO 20022 messaging standard.
iDEAL (scheme:ideal-scheme) rebranding to 'iDEAL | Wero' in early 2026; full transition to Wero expected by 2027. Website ideal.nl now shows Wero branding. Backed by 16 major European banks.
Added UPI One World wallet details (40+ countries, CheqUPI app, tourist feature planned for 2026-27 winter), revised P2M limits (₹5L/TX, ₹10L/day for key sectors), Apr 1 2026 inactive number unlinking mandate, NPCI International targeting 4-6 more countries by end 2026, Nexus go-live narrowed to 2027
Added Visa co-badged wallet launched Norway Dec 2 2025 (global Visa tap-and-pay, first NFC HCE on iOS for Visa, DK/FI/SE rollout planned). Provenance updated to 2026-03-16.
Narrowed Project Nexus go-live from 2026-2027 range to confirmed 2027 based on Feb 9 2026 NTO appointment. Added SPaN D-SIB member names (Citibank, DBS, HSBC, Maybank, OCBC, StanChart, UOB). Changed 'Full handover' to 'Operationally ready' by end 2026.
Clarified EMPSA founding member status (2019) but not participating in EuroPA/Wero cross-border. Added Riksbank SEK 1000/adult cash preparedness recommendation from Mar 4 2026 Bloomberg report.
Banco do Brasil launched PIX abroad in Argentina (6,000+ merchants) via QR code in March 2026. Also live in Uruguay. BCB interested in BIS Project Nexus.
Vipps MobilePay signed letter of intent with EuroPA alliance (May 2025), connecting 12M+ Nordic users with Bizum, Bancomat, MB WAY, BLIK — combined 100M+ Europeans. Cross-border P2P full rollout expected 2026.
MAS co-established Nexus Global Payments (Mar 2025) with MY, TH, PH, IN central banks. Tender for technical operator launched Apr 2025. Go-live expected 2026 linking PayNow, DuitNow, PromptPay, InstaPay, and UPI.
Banco do Brasil launched PIX payments at 6,000+ POS in Argentina via Banco Patagonia on March 6, 2026
Getswish AB now licensed as clearing company under Finansinspektionen direct supervision, required to monitor for AML
PayNet and NETS selected as joint venture NTO for Project Nexus, with AWS and Endava as technology partners, go-live 2027
Denmark migrated DKK payments from Kronos2 to pan-European TARGET DKK on 22 April 2025. Denmark is the first non-euro country to use T2, TIPS, and T2S.
Direct payments to Greenlandic phone numbers enabled Mar 11, 2026 — no longer routed via Denmark. Greenlandic language support added. ~27K MobilePay users on island connected to 12.5M Nordic network.
As of Mar 6, 2026, 8.7M Swedish Swish users can pay at thousands of international online merchants via PayPal. 82% of Swedish Swish users made at least one cross-border purchase in 2025.
RBNZ's ESAS v7 upgrade went live October 2025, achieving full ISO 20022 compliance ahead of SWIFT November 2025 deadline. Four-year migration project.
CBK extended KEPSS operating hours from 08:30-16:30 to 07:00-19:00 EAT effective 1 July 2025, adding 3.5 hours of daily operations.
CBK successfully migrated KEPSS to ISO 20022 global messaging standard on 14 October 2024. Kenya among early adopters on African continent.
giropay officially shut down 31 December 2024 after shareholders voted to wind down in June 2024. Only 0.4% of German e-commerce. Wero (EPI) is the successor.
PSA expanded to SEPA instant payments (SCT Inst) in June 2025. Preparing Wero issuing support for Austrian and German banks since January 2026. Raiffeisen Bank International connected as Wero Acceptor PSP for e-commerce.
InstaPay transaction volume surged from 1.407B (2024) to 4.656B (2025), a 231% YoY increase. Value rose 57.27% to PHP 11.554 trillion. Combined with PESONet, PHP 24.745T total in 2025.
PromptPay registrations surged to 90M+ (Jun 2025, +14% YoY). Monthly: 2.16B TX / THB 4.2T (Sep 2025). Cross-border linkages live with Singapore, Malaysia, Japan, Indonesia, Hong Kong. Laos and Cambodia planned.
Payments Canada confirmed full ISO 20022 adoption on LYNX effective 22 November 2025. Over 98% of messages were already MX by October 2025. MT messages retired entirely.
Federal Reserve completed the single-day cutover of Fedwire Funds Service from proprietary format to ISO 20022 messaging on March 10, 2025.
SIX Group launched SIC Instant Payments in August 2024, enabling 24/7/365 instant payments in Swiss francs. Full bank rollout completing in 2026.
Reserve Bank of India made RTGS available round the clock on all days of the year from December 14, 2020.