Global adoption of CBDC is imminent – Giesecke & Devrient

Date:

Share post:

Central Bank Digital Currency (CBDC) adoption is spurring digital payments innovation in various parts of the world, as nations experiment with new payment options that can be more inclusive and dynamic.

Following the introduction of CBDCs to their nations, the central banks in Ghana and Eswatini have seen benefits. Use of CBDC has proven to be more affordable, practical, and secure than other online payment options.

These initiatives, which aim to encourage more of the 1.4 billion unbanked people to participate in the digital economy, have seen significant advancements and may open up new markets and networks in the global digital payments industry,

Read More: Global CBDC adoption is on the horizon – Giesecke + Devrient

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

TerraPay appoints Ruben Salazar Genovez, former Head of Visa Direct, as President

TerraPay, a global money movement company, is pleased to announce the appointment of Ruben Salazar Genovez, recently the...

Crif launches ESG analytics tool for UK banks

ESG Analytics from CRIF, a provider of consumer and business credit information and a key global player in...

Pulsate raises USD 7.7 million in its Series A funding round

Pulsate, a mobile-first customer engagement platform for community financial institutions, has secured USD 7.7 million in funding. Pulsate's platform...

Revenir AI, a FinTech firm, launches hassle-free mobile VAT reclaim for travelers

Revenir AI, a UK FinTech startup, has developed a white-label app for banks that allows travelers to automatically...