Less expensive? Does it facilitate better recordkeeping? Before customers try a new payment product, they may not be in a position to compare fully how it stacks up with respect to these attributes against the payment method they currently use. Unfortunately, in many cases they cannot easily compare the relative cost of the new payment method with an existing method.
BIS central bankers’ speeches  3  Notwithstanding the significant increase in its balance sheet during the financial crisis, the financial strength of the Eurosystem has been preserved. This reinforces the financial independence of the Eurosystem as a whole, including that of the ECB.