EBA recommendation of 25/3/2020
The ICA has expressed its concern regarding the EBA’s recent recommendation to use contactless payments in order to avoid contamination with the COVID-19 virus. Inaccurate links have been drawn between the use of cash as a payment medium and the spread of COVID-19. Several central banks have now confirmed that cash is safe to use and there is no evidence that cash would transmit the virus
Letter ICA To EBA 31 March 2020Download the PDF
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