Accessible summary : COVID-19 is accelerating the payment revolution

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Title: Accessible summary : COVID-19 is accelerating the payment revolution
Organization: Bank of Finland
Series: Bank of Finland. Bulletin
Series volume: 95
Series number: 2/2021
Year of publication: 2021
Publication date: 19.5.2021
Pages: 5
Subject (yso): pandemiat; vaikutukset; maksut; maksutavat; maksujärjestelmät; digitalisoituminen; euro
Keywords: COVID-19; digitaalinen euro
Other keywords: COVID-19 pandemic; payments; payment systems; digital euro; digitalisation
Abstract: Payments are changing. In the same way that technological progress influences so many of the day-to-day activities of households and businesses, it affects how we make payments. The coronavirus pandemic has irreversibly changed how we live during the past year and has accelerated many long-brewing developments. The future of payments may arrive sooner than anticipated just one year ago.
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