Do you pay in cash or with PIN? Austrians want to leave all options open when choosing a payment method. True to the motto: nothing is fixed. However, trends can be recognized, bank spokeswoman Michaela Keplinger-Mitterlehner confirms. You can read more about this in our series ‘Let’s talk about money’.
The research phase has been completed and preparations for the development of the electronic payment method are expected to start in November! There will likely be a lot of water flowing down the Danube before the European Central Bank’s “digital euro” operation becomes a reality. Yet there is great concern and skepticism among the population, which has even led to Chancellor Karl Nehammer wanting to enshrine the right to money in the constitution this summer. Because the fear that the cash could disappear is ubiquitous.
Source: Krone
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