Central Banking

Survey of developments in e-money

The Committee on Payment and Settlement Systems (CPSS) has published its March 2004 Survey of developments in electronic money and internet and mobile payments. In this survey the number of participating central banks and monetary authorities has increased to 95.

As payments made using the internet and mobile phones have advanced quite rapidly in recent years compared to e money, the CPSS decided that these innovative methods of payment, having raised policy issues for central banks in much the

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