DIGITAL PAYMENTS SPREADS ACROSS THE EU

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Hello dear viewers! The pandemic that swept our planet has accelerated the digitalization process across the planet. In a recent speech, European Central Bank (ECB) President Christine Lagarde said: “The coronavirus (COVID-19) pandemic has accelerated trend towards digitalisation. E-commerce, which has grown steadily in recent years, increased by almost a fifth in terms of volume of sales between February and June 2020, while in-store sales declined. ” The introduction of the digital euro into the EU banking system is also being considered, the benefits, risks and operational problems associated with this are now being studied. The results of the Eurosystem working group on the implementation of the digital euro are expected in the coming weeks. Thanks for your attention. See you later!

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