Contactless payments on the rise during the COVID-19 pandemic
Due to the COVID-19 pandemic, many Dutch consumers have switched to card- or smartphone-based contactless payment at points of sale.
We make payments every day. While we take their speed and security for granted, complex processes behind the scenes make high-quality payment systems possible. Find out more. About the production of euro banknotes. About checks on cash. And about internet banking and contactless payments.
Due to the COVID-19 pandemic, many Dutch consumers have switched to card- or smartphone-based contactless payment at points of sale.
How much time do you need to recognise a counterfeit banknote and which of the senses are the most effective? DNB research shows that the combination of looking and feeling works best. People can easily distinguish between genuine and counterfeit banknotes even within the space...
Consumers were able to pay in cash at 97% of all retailers as at mid-2019. This emerged from a DNB-commissioned study into cash acceptance by retailers and their reasons for accepting or refusing cash. Cash is still the most widely accepted means of payment. However, some retailers say they may...