Payment Interface Provider: Difference between revisions
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imported>Doug Williamson (Create page - source - UK House of Commons - https://researchbriefings.files.parliament.uk/documents/CBP-9191/CBP-9191.pdf) |
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* [[Digital currency]] | * [[Digital currency]] | ||
* [[Distributed ledger]] | * [[Distributed ledger]] | ||
* [[External service interface provider]] (ESIP) | |||
* [[House of Commons]] | * [[House of Commons]] | ||
* [[Payment service provider]] (PSP) | * [[Payment service provider]] (PSP) | ||
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[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category:Technology]] | [[Category:Technology]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 18:17, 19 March 2025
Central bank digital currency (CBDC) - intermediaries - Bank of England.
(PIP).
A Payment Interface Provider is a Bank of England proposal for intermediaries to support consumers' access to a possible CBDC.
- PIPs would not store CBDC
- "[In] this model, consumers would manage their account and make payments through a ‘payment interface provider’ (PIP).
- This would work something like bank accounts as we know them today.
- The important distinction is that PIPs would not store the CBDC.
- They would simply be a technological interface for the customer to view and manage their money."
- UK House of Commons Library - Research Briefing 9191 - April 2022 - page 6.
See also
- Account
- Bank of England
- Blockchain
- Britcoin
- Central bank
- Central bank digital currency (CBDC)
- Cryptocurrency
- Currency
- Digital currency
- Distributed ledger
- External service interface provider (ESIP)
- House of Commons
- Payment service provider (PSP)
- Retail central bank digital currency
- Stablecoin
- Wholesale central bank digital currency (wCBDC)
