TPT #19 WALLETS

For this episode, we invited Jeremy Light, a well-known payments expert, especially also for this topic. We discuss the evolving landscape of digital wallets for cards and account-to-account payments, and the implications for the Digital Euro. The conversation explores the challenges and opportunities presented by open banking, the future of cash, and the need for interoperability in cross-border payments. Additionally, we delve into the potential of micro payments in the subscription economy and the importance of creating cost-effective solutions for low-value transactions. Chapters 00:00 Introduction to Payments and Digital Wallets 01:49 The Rise of Account-to-Account Payments 05:35 The Evolution of Digital Wallets 10:50 Open Banking and Its Challenges 15:37 The Digital Euro and CBDCs 21:20 The Future of Cash in a Digital World 26:14 Interoperability in Payment Systems 32:21 Micro Payments and Their Potential