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Brief
On 19/12/2024, the Bank for Europe's Central Bank issued an update regarding "ECB publishes results of latest study on consumer payment habits in the euro area". The digital payments continue to grow at a slower pace, while cash transactions remain significant, especially for small value transactions and peer-to-peer payments. In terms of value, digital payment tools' share continues to rise, with cards remaining dominant, followed by cash, as mobile apps gain traction.
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