The digitalization of payments and currency: Some issues for consideration — The Federal Reserve — “Given the dollar’s important role, it is essential that we remain on the frontier of research and policy development regarding CBDC [Central Bank Digital Currency]. Like other central banks, we are conducting research and experimentation related to distributed ledger technologies and their potential use case for digital currencies, including the potential for a CBDC. We are collaborating with other central banks as we advance our understanding of central bank digital currencies.”
- Visa reports on the impact of Covid-19 on payment volumes
- Qatar triples contactless transaction limit
- EBA recommends Europe-wide contactless transaction limit increase
- Table: Contactless payment transaction limit increases around the world
- Mastercard: 29 countries have now agreed to raise their contactless payment limit
