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Iceland's central bank prepares domestic account-to-account payments infrastructure

The Central Bank of Iceland is preparing infrastructure that would let banks and PSPs offer account-to-account payments for goods and services, diversifying retail payment channels.

HighRisk Media Newsroom, , 1 min read · Читать по-русски

Iceland's central bank prepares domestic account-to-account payments infrastructure

According to the source, the Central Bank of Iceland is preparing domestic infrastructure for account-to-account (A2A) payments. It is designed to give banks and payment service providers (PSPs) the ability to offer such payments for goods and services.

The initiative is linked to the country's goal of diversifying its retail payment channels and strengthening financial resilience. The material provides no further details on launch timing, participants or terms.

Sources

Prepared by AI from the sources above and checked against them. Spotted a mistake? Write to @highrisk_team.

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Iceland's central bank prepares domestic account-to-account payments infrastructure — HighRisk Media