We know there will soon be legislative action from the European Commission, which is expected to help in the expansion of instant payments. We are looking forward to this action, later in summer, as it is to address impediments and enhance public confidence in the instrument.
Broader adoption of instant payments is, in my view, crucial for the payments landscape, particularly in Greece where the Instant feature can become a game changer in the effort to reduce the use of cash – which remains significant in the country.