Riskbank studies joining eurozone instant payments platform
Adopting Tips could lead to efficiency gains for Sweden, central bank says
The Severiges Riksbank has started a study to research how it could integrate Sweden in the eurozone’s new instant payments system.
The Swedish central bank has already carried out a consultation with local market participants in June 2018 to get to know their views about the European system. “An overall assessment of the consultation responses is that Tips could be an interesting solution for the Swedish market,” says the central bank.
Increasing demand for online instant retail payments has
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