A conceptual model for point-of-sale payment with retail central bank digital currency
Year: 2024
Type: article
Abstract: Like many central banks, the European Central Bank is pushing forward with the introduction of a central bank digital currency (CBDC). The digital euro is designed for retail use cases, to include peer-to-peer and merchant payments. Many different form factors are supported, with a focus on offline capabilities. While the picture is clear about how users will access and obtain CBDC, the acceptance side remains to be fully understood. This paper analyses the technical background of CBDC wallets and proposes a conceptual model for introducing CBDC payments to consumers.
DOI: 10.69554/etqk2745
Author: Lars Hupel
Institution: Giesecke and Devrient (Germany)
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4406919674