Snippet- Eric Tak Head of Division, Digital Euro - Product Proposition, European Central Bank on Ensuring Privacy in Digital Payments

Eric Tak, Head of Division, Digital Euro - Product Proposition, European Central Bank, emphasizes that while most people today have few problems paying digitally, there are still challenges for those without modern smartphones or who prefer not to use them. “We see these pockets where people struggle,” he explains.

Eric adds, “Privacy remains the biggest concern for more than 50% of people when paying digitally. That’s why we aim to offer not just high privacy, but even cash-like anonymity for offline digital euro transactions.”
“We want to make sure these transactions can never be stored, retrieved, or seen by anyone else,” Eric says.

🔐 Privacy. Anonymity. Freedom of Choice.

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