PYMNTS

SEPTEMBER 15, 2020

The comments from the meeting in Germany come as a paper from the ECB found that cash still remains the dominant payment mechanism (at about 76 percent of transactions). He said that a wholesale CBDC, “restricted to a limited group of financial counterparties, would be largely business as usual.”.

CBDC

PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. Digital dollars are a maybe – but if so, not for a while.

CBDC

PYMNTS

JANUARY 24, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Central Banks Team On Digital Currency Standards And Use Cases.

Online and Mobile Banking