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cbdc:public:cbdc_omg:04_doc:20_comments:brp:q09:start [2022/05/06 22:32] nick |
cbdc:public:cbdc_omg:04_doc:20_comments:brp:q09:start [2022/06/17 18:57] (current) terrance |
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| - | ====== Question: 09. TBD How might domestic and cross-border digital payments evolve in the absence of a U.S. CBDC? ====== | + | ====== Question: 09. How might domestic and cross-border digital payments evolve in the absence of a U.S. CBDC? ====== |
| - | [[cbdc:private:cbdc_omg:04_doc:20_comments:brp:start| Return to CBDC Benefits, Risks, and Policy Considerations ]] | + | |< 100% >| |
| + | | [[cbdc:public:cbdc_omg:04_doc:20_comments:brp:start| Return to CBDC Benefits, Risks, and Policy Considerations ]] | <WRAP> | ||
| + | <html><b> | ||
| + | <a href="mailto:[email protected]?Subject=OMG's CBDC WG Response: | ||
| + | Question: 09. How might domestic and cross-border digital payments evolve in the absence of a U.S. CBDC? | ||
| + | ">Provide Feedback</a></b> | ||
| + | </html> | ||
| + | </WRAP> | | ||
| ===== Question ===== | ===== Question ===== | ||
| - | [[cbdc:private:cbdc_omg:04_doc:20_comments:brp:q09:start| Return to Top]] | + | [[cbdc:public:cbdc_omg:04_doc:20_comments:brp:q09:start| Return to Top]] |
| **How might domestic and cross-border digital payments evolve in the absence of a U.S. CBDC?** | **How might domestic and cross-border digital payments evolve in the absence of a U.S. CBDC?** | ||
| ===== Answer ===== | ===== Answer ===== | ||
| - | [[cbdc:private:cbdc_omg:04_doc:20_comments:brp:q09:start| Return to Top]] | + | [[cbdc:public:cbdc_omg:04_doc:20_comments:brp:q09:start| Return to Top]] |
| Without the advent of a U.S. CBDC, there are a few possible scenarios that will evolve. Some existing areas will be the use of: | Without the advent of a U.S. CBDC, there are a few possible scenarios that will evolve. Some existing areas will be the use of: | ||
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| * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:e:emv | Europay MasterCard®, and Visa (EMV) ]] | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:e:emv | Europay MasterCard®, and Visa (EMV) ]] | ||
| * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:m:mobile_payment | Mobile Payment]] systems such as PayPal, Venmo, Zelle, CashApp, Apple Pay, and Google Pay | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:m:mobile_payment | Mobile Payment]] systems such as PayPal, Venmo, Zelle, CashApp, Apple Pay, and Google Pay | ||
| - | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:p:payment_card | Payment Cards]] such as Credit Cards, Debit Cards, Charge Cards, Prepaid Cards or Electronic Benefit Transfer (EBT) | + | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:p:payment_card | Payment Cards]] such as Credit Cards, Debit Cards, Charge Cards, Prepaid Cards or Electronic Benefits Transfer (EBT) |
| * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:p:prepaid_card | Prepaid Cards]] issued by banks and branded by major credit card companies such as Visa, Mastercard, Discover, and American Express | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:p:prepaid_card | Prepaid Cards]] issued by banks and branded by major credit card companies such as Visa, Mastercard, Discover, and American Express | ||
| * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:g:gift_card | Gift Card]] issued by international stores and merchants such as Amazon, airlines, and hotels | * [[https://www.omgwiki.org/dido/doku.php?id=dido:public:ra:xapend:xapend.a_glossary:g:gift_card | Gift Card]] issued by international stores and merchants such as Amazon, airlines, and hotels | ||
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| <figure> | <figure> | ||
| - | {{ :cbdc:private:cbdc_omg:04_doc:20_comments:brp:q09:screen_shot_2022-05-06_at_7.22.24_pm.png?600 |}} | + | {{ cbdc:04_doc:20_comments:brp:q09:screen_shot_2022-05-06_at_7.22.24_pm.png?600 |}} |
| <caption>Real-time Payment Activity by Quarter.(( | <caption>Real-time Payment Activity by Quarter.(( | ||
| The Clearing House, | The Clearing House, | ||