BORICA and OpenWay Win PAY360 Award for Bulgaria's Payment Transition to the Euro
BORICA AD and OpenWay have been awarded Best Partnership Initiative at the PAY360 Awards 2026 in London. The recognition highlights their collaborative effort in transforming Bulgaria’s payment infrastructure, particularly during its transition to the euro on January 1, 2026. Since 2018, BORICA and OpenWay have worked together using Way4, OpenWay's real-time digital payments platform, alongside BORICA's national coordination expertise. The project involved over 35 banks, fintechs, government institutions, and technology partners to ensure uninterrupted payment services during the transition. The success was evident immediately after midnight on January 1, with a euro withdrawal completed in just 20 seconds post-transition. Over 930,000 transactions totaling nearly €42 million were processed within the first two days without service disruptions.
Topics: collaboration euro transition payments infrastructure