The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing […]News Bytes, Bank of England, banks, BoE, britcoin, cash usage, Cashless Economy, digital payments, England, Interbank payment systems, News Bytes – 2Read More

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