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