数字欧元——为什么？

BRIE-CITRIS, Bruegel andthe Bank of Finland JointWorkshop Piero Cipollone 21 March 2026 Member of the Executive Board of the ECB European retail payments: dominated by non-European cardschemes Market share ofdomesticsolutionsfor digital paymentsin shops1 15out of21countries do not have asignificantly used2domestic solutionfor digitalpayments in shops. Nearly two-thirdsof euro area cardtransactions are processed byinternationalcard schemes.4 The digital euro would offer an additionalway to pay across the euro area –for all situations. As payments move online, public money must follow The digital euro: a digital form of cash Complementing cash Freedom of choice betweencash and digital payments Access to public money With the digital euro, Europe can strengthen its autonomy andresilience The urgency ofpreserving theresilience and autonomy of Europe’scritical infrastructuresis clear. Ensuringstrategic autonomyandresiliencein dailypaymentsisjust asurgent. A win-win for Europe: the digital euro brings benefits to consumers,merchants and payment service providers Consumers •Freedom of choice:ensuringpayments anywhere, anytime andfor any payment situation •Privacy and data protection•Aninclusive and accessibledigital way to pay A win-win for Europe: the digital euro brings benefits to consumers,merchants and payment service providers Merchants Consumers •Freedom of choice:ensuringpayments anywhere, anytime andfor any payment situation •Privacy and data protection•Aninclusive and accessibledigital way to pay A win-win for Europe: the digital euro brings benefits to consumers,merchants and payment service providers Merchants Consumers Payment service providers •Freedom of choice:ensuringpayments anywhere, anytime andfor any payment situation •Privacy and data protection•Aninclusive and accessibledigital way to pay •Lower fees and strongernegotiation power, especially forsmall businesses •Maintaining client relationships•Fair remunerationensured bythe compensation model •Instant receipt of funds A win-win for Europe: the digital euro brings benefits to consumers,merchants and payment service providers Merchants Consumers Payment service providers •Freedom of choice:ensuringpayments anywhere, anytime andfor any payment situation•Privacy and data protection•Aninclusive and accessibledigital way to pay •Lower fees and strongernegotiation power, especially forsmall businesses •Maintaining client relationships•Fair remunerationensured bythe compensation model •Instant receipt of funds Availableonline and offline, so alsoin case of limited connectivity and power outages A public-private partnership: European rails for digital payments Digital euro Domestic solutions adopt digital euro standards and achievepan-European reach without heavy investment The Eurosystem pilot aims to fine-tune the digital euro’s design andensure its technical readiness •A12-monthpilot, starting in the second half of 2027, conducted in a controlledEurosystem environmentinvolvingreal-world transactions. •Alimited number of payment service providers, merchants and Eurosystem staff will participate.Payment service provider selectionwill start in the first quarter of 2026. •The Eurosystem willgather and apply feedback continuouslythroughout the pilot tofurther optimise the digital3.Online person-to-business transactions at the point of sale vianear field communication4.Online person-to-business transactions in electronic or mobilecommerce with an alias or access number euro. Legislativepreparations in full swing The ECB appreciates:•theagreementreached by the Council of the European Union’s agreement on itsnegotiating position on theproposed digital euro Regulation;•thecontributionsof several Member States, includingFinland, in highlighting how the digital euro can enhancethe resilience of euro area payments;•thediscussionsin the European Parliament on theproposal, expected to reach a conclusive position inMay. The decision on whether to issue the digital euro will onlybe considered by the ECB’s Governing Councilonce thelegislation has been adopted. Thank you You can reach us atdigitaleuro@ecb.europa.eu Additional supporting materials: •Progress on the preparation phase of a digital euro – closing report•Updated digital euroFAQ•Webpage:Digital euro and privacy•ECB opinionon the EU Commission’s digital euro legislative proposal•Digital euroone-pager•Digital euroLinkedIn page