During the past two months, the European Payments Council () invited professionals working in the payments industry to answer the following question: “In your opinion, what are the most effective step(s) to make payments more sustainable”.
The results were as follows:
The results show a wide range of opinions, but it is worth highlighting the two leading answers: “using a mobile device (e.g. mobile phone, smart watch) and for example a digital wallet” (21%) and “opting for a digital receipt (or no receipt) over a paper one” (20%).
Also, over a third of all the respondents voted for one of these answers “reducing the use of cash” (16%), “using a generic device (e.g. mobile phone) as an acceptance device” (13%) or “using a purchase-related ‘carbon footprint’ tracking and reporting tool (e.g. app on a mobile device)” (10%).
The remaining voters choose “using banknotes made out of ‘eco-friendly’ materials” (8%), “using a card made out of ‘eco-friendly’ materials” (7%) and “other” (5%).
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
