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New trends in retail payments: How technological changes are reshaping the payments system. Introducing a proposal for a new pan-European instant payment system

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  • De Portu, Tommaso

Abstract

Since the institution of a unified European market, the retail payment system has changed significantly. In September 2020, the European Commission adopted the Digital Finance Package, that includes a digital finance strategy, legislative proposals on crypto-assets and digital resilience, as well as a renewed strategy for retail payments.

Suggested Citation

  • De Portu, Tommaso, 2022. "New trends in retail payments: How technological changes are reshaping the payments system. Introducing a proposal for a new pan-European instant payment system," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 3(4).
    • Handle: RePEc:eee:lajcba:v:3:y:2022:i:4:s2666143822000291
    DOI: 10.1016/j.latcb.2022.100075
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    References listed on IDEAS

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    1. Esselink, Henk & Gijsel, Lola Hernandez-van, 2017. "The use of cash by households in the euro area," Occasional Paper Series 201, European Central Bank.
    2. Miguel Ampudia & Michael Ehrmann, 2016. "Financial Inclusion—What’s it Worth?," Staff Working Papers 16-30, Bank of Canada.
    3. Emanuele Urbinati & Alessia Belsito & Daniele Cani & Angela Caporrini & Marco Capotosto & Simone Folino & Giuseppe Galano & Giancarlo Goretti & Gabriele Marcelli & Pietro Tiberi & Alessia Vita, 2021. "A digital euro: a contribution to the discussion on technical design choices," Mercati, infrastrutture, sistemi di pagamento (Markets, Infrastructures, Payment Systems) 10, Bank of Italy, Directorate General for Markets and Payment System.
    4. Liu, Yunxin & Dewitte, Siegfried, 2021. "A replication study of the credit card effect on spending behavior and an extension to mobile payments," Journal of Retailing and Consumer Services, Elsevier, vol. 60(C).
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