The Global Pandemic, Laboratory of the Cashless Economy?

【Author】 Srouji, Jeremy; Torre, Dominique

【Source】INTERNATIONAL JOURNAL OF FINANCIAL STUDIES

【影响因子】0.000

【Abstract】The COVID-19 pandemic has had a profound impact on payment systems and preferences around the world, reducing the use of cash in favor of digital payment instruments and accelerating the discussion around the need for a central bank digital currency. This article presents the digital payments and cashless agenda before and after the pandemic, focusing on how the changing payments landscape has influenced the priorities and decisions of regulators, banks and other financial intermediaries, with regards to the future shape of payment systems. It finds that while the pandemic demonstrated the benefits associated with building an advanced, competitive and integrated digital payments eco-system, it has also brought to the forefront more fragmentation than convergence between payment systems in different regions of the world.

【Keywords】central bank digital currencies (CBDC); digital payments; mobile money; cashless; payment systems; NFC; e-wallets

【发表时间】2022 DEC

【收录时间】2023-01-16

【文献类型】观点阐述

【主题类别】

区块链治理-市场治理-数字货币