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The Eurosystem’s retail payments strategy – priorities for 2024 and beyond
The Eurosystem has updated its retail payments strategy, which was first developed in 2019 and then expanded in 2020. 1 Strengthening the European payments market through the creation of a pan-European solution for retail payments at the point of interaction (POI) and the enhancement of the “classic” SEPA (Single Euro Payments Area) still remain at the heart of the Eurosystem’s efforts to improve retail payments within the euro area. The retail payments strategy and the digital euro project, which was launched in October 20212 , are complementary, and a digital euro could contribute to the goals of the strategy ... (full story)