From POS to e-commerce
With the introduction of the digital euro, it will have to be accepted as legal tender by all merchants – both at the point of sale (POS) and in e-commerce. This requires a comprehensive integration of the digital euro into existing payment systems to ensure smooth transactions. At the same time, regulatory standards, especially in the areas of security and data protection, must be observed. The acceptance of the digital euro therefore requires both technical adjustments and the safeguarding of legal and data protection requirements.
The digital euro opens up a wide range of use cases that facilitate trading across Europe. Online sales can be made directly with digital euros without the need for additional payment service providers (PSPs). This simplifies payment processes, reduces dependencies and lowers transaction costs. In addition, the digital euro strengthens European trade by facilitating cross-border payments within the eurozone. As a legally recognized means of payment, it must be accepted by all merchants and service providers, which promotes a unified, digital payment infrastructure in Europe and further promotes its use.
What impact does the introduction of the digital euro have on the business model of payment service providers and banks?
What security measures need to be taken to protect euro digital transactions and customer data?
How will the introduction of the digital euro affect existing payment processing workflows?
What challenges can arise when adapting payment infrastructures and how can they be minimized?
What impact does the introduction of the digital euro have on the business model of payment service providers and banks?
What security measures need to be taken to protect euro digital transactions and customer data?
How will the introduction of the digital euro affect existing payment processing workflows?
What challenges can arise when adapting payment infrastructures and how can they be minimized?
