Visa Payment Procedures Research Report Central Bank Offline Payment Options Solutions

2020-12-18 14:42
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According to Decrypt, the world's largest payment processor, Visa, recently requested offline payments from its digital credit banking system (CBDC) in a new research report. The study confirmed the benefits of CBDCs, but found that CBDCs are finally available, they can be used without an internet connection. The research report states that “Consumers can send payment information offline by logging into the authorized wallet and ensuring the security of these changes to withdraw money through offline payment. This idea has not yet been written. Visa says one of the main reasons central banks are exploring digital advantages is to help people without a bank connect to a "strong ecosystem of fintech and other financial equipment."

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