Will a service now accessible to virtually every banking client in the Czech Republic change the way people pay for goods and services? Can it help merchants reduce card processing fees? And what else is the central bank preparing to further support the enormous potential of instant payments in an increasingly digital economy? All this will be discussed in a debate with Aleš Michl, Governor of the Czech National Bank.
Thursday 16. 7.
THE FUTURE OF PAYMENTS
GLOBAL
While not long ago people often had to wait until the next business day for an incoming payment from an account at another bank, today, thanks to the Czech National Bank’s instant payments system, the same transfer can be completed in an average of just three seconds.