The Global Pandemic, Laboratory of the Cashless Economy?

The COVID-19 pandemic has had a profound impact on payment systems and preferences around the world, reducing use of cash in favor digital instruments accelerating discussion need for central bank currency. This article presents payments cashless agenda before after pandemic, focusing how changing landscape influenced priorities decisions regulators, banks other financial intermediaries, with regards to future shape systems. It finds that while demonstrated benefits associated building an advanced, competitive integrated eco-system, it also brought forefront more fragmentation than convergence between different regions world.