Central Banking

Dutch central bank wants better payment system

The Dutch central bank has called for a more efficient payment system and is considering a set of measures to encourage people to pay more by electronic means, MarketWatch reported.

In 2005, Dutch banks booked a net loss of EUR23 million on payment transactions, according to a report from consulting firm McKinsey & Co.

The Dutch central bank and the Dutch Association of Banks, who ordered the study, said they hope the results will spur a discussion between banks, shop owners, regulators and con

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