Central Banking

The role of Tips for the future payments landscape

Tips could play a critical role in providing the infrastructure for a digital euro as well as facilitating fast and efficient cross-border payments

Payments are an essential component of domestic and international trade. They play a crucial role in the economy and in our daily lives. 

Today, the development of digital technology is radically reshaping the supply and demand of new forms of payment. Procedures must therefore be put in place to ensure payments are efficient, inclusive and safe. Central banks are at the forefront of this innovation process.

The Eurosystem’s retail payments strategy aims to foster innovative and cost-efficient

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