BORICA and OpenWay Win PAY360 Award for Bulgaria's Euro Payment Transition
BORICA AD and OpenWay have been awarded the Best Partnership Initiative at the PAY360 Awards 2026 in London. The recognition highlights their collaborative effort to transform Bulgaria’s payment infrastructure as the country transitioned from its national currency to the euro on January 1, 2026. The partnership began in 2018 and involved modernizing card processing systems using OpenWay's Way4 real-time digital payments platform. The project required extensive testing and coordination with over 35 banks, fintechs, government institutions, and technology partners to ensure uninterrupted payment services during the transition. On January 1, 2026, Bulgaria successfully executed a seamless switch to euros, processing more than 930,000 transactions totaling nearly €42 million within the first two days. The first successful euro withdrawal occurred just 20 seconds after midnight.
Topics: euro transition partnerships payments