Remove CBDC Remove Funds Transfer Remove Retail Payments
article thumbnail

Bank of Thailand Concludes Retail CBDC Pilot Programme, Reveals Key Findings

Fintech News

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC 119
article thumbnail

Payment Processing 2024 Market Statistics in Canada

Clearly Payments

Payment Methods Accepted by Canadian Businesses In the realm of Canadian businesses, cheques maintain a firm foothold, with a substantial 73.4% of businesses are embracing Electronic Funds Transfers (EFT) as their second most popular choice. However, the digital era is swiftly advancing: 58.9% preferring cash and 54.4%

Process 94