Europe must wean itself off global payment card schemes, ECB says

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Europe must wean itself off global payment card schemes, ECB says
France Dernières Nouvelles,France Actualités
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A European Central Bank board member has said Europe must overcome its reliance ...

The ECB is now studying the option of introducing a digital currency, but this would have broader consequences for the banks. Coeure warned against the central bank crowding out private-sector players.

Speaking at the same event, European Commission Vice President Valdis Dombrovskis said his aim was to roll out a pan-European instant payment to all parts of the bloc by the end of 2021.

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