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Pix isn't a CBDC. The deployment of SCT inst is mostly complete and Wero (EPI) was launched in 3 countries already. Things take a bit more time when you need t
by hocuspocus 1y ago
Pix isn't a CBDC.
The deployment of SCT inst is mostly complete and Wero (EPI) was launched in 3 countries already. Things take a bit more time when you need to push standards and regulations to 11/27/36 countries. Overall banking and payments in the EU/EEA are pretty advanced and evolving at a decent pace given the market size and number of entities involved, the PSD is world-class.
- seydor 1y agobut time is everything. Those are not consumer-facing solutions. Meanwhile everyone around me uses Revolut (a UK company)
- hocuspocus 1y agoInstant transfers and mobile wallets are very much customer facing. Revolut already supports the former and will probably add the latter at some point as it did with BLIK in Poland.