French And Swedish Action to Safeguard Cash

France’s National Payments Committee urges immediate action to secure future payments sovereignty amid rising geopolitical tensions. Cash is crucial for economic resilience, industrial autonomy and national sovereignty.

While geopolitical tensions have intensified in recent months, increasing the general level of uncertainty, the National Payments Committee (NPC) recalls that payments are a factor of economic resilience, of industrial autonomy and, ultimately, of national security. The NPC is a consultative body made up equally of representatives of supply and demand in the payments sector. It was formed in 2022 and is chaired by the Banque de France (BdF).

The objective of payments’ sovereignty is becoming, now more than ever, a strategic imperative. To meet this objective, the NPC emphasizes the importance to act now, to prepare for the future.