The digital future of payments Web seminar and conference series

To accompany Germany’s Presidency of the Council of the European Union, the Deutsche Bundesbank is hosting a series of web seminars and a web conference this autumn with a spotlight on the digital future of payments.

The three web seminars aim to focus on the challenges different market players face in payments by shedding light on incumbents and newcomers alike. Payments industry experts will discuss the specific challenges from a supply-side perspective, a demand-side perspective and the challenges posed by tokenising payments. At each web seminar, participants will have the opportunity to post questions via chat.

Third web seminar "Payments in a tokenised world​​​"

16 December 2020, 10:30-12:00 CET

In the age of digitalisation, automated business processes increasingly require the seamless integration of payments into the value chain. However, fully digitised payments do not seem to be enough at present. Against the backdrop of the Internet of Things and pay-per-use business models, some are calling for money to be ‘tokenised’. Smart contracts could thus use money tokens to settle various transactions in digitised ecosystems. Payments would be triggered automatically by predefined, programmed events. But what would tokenised money look like? Could it be privately issued stablecoins? Or a digital euro? Industry experts and representatives from European central banks will discuss how tokenised money could be realised and what challenges lie ahead.

Panel Discussion

  • Thomas Argente, Deputy Director, Directorate of Infrastructures, Innovation and Payments at Banque de France
  • Claus George, Group Head of Transaction Management at DZ-Bank
  • Rainer Olt, Head of Payment & Settlement Systems Department at Eesti Pank
  • Claudia Plattner, CIO of DB Systel GmbH
  • Wolfram Seidemann, CEO of Giesecke+Devrient Currency Technology GmbH


  • Jochen Metzger, Director General Payments and Settlement Systems at Deutsche Bundesbank

Past events

Virtual conference "Future of Payments in Europe"

27 November 2020, 09:00-13:15 CET

The virtual conference “Future of Payments in Europe” – the centrepiece of our virtual event series – discussed different perspectives on the latest developments in European payments, most importantly the Retail Payments Strategy of the European Commission, the European Payments Initiative and the potential role of a digital euro in the payments landscape. 

High-level speakers from central banks, politics and the industry exchanged views on the evolving digital payments landscape. The conference was opened by Bundesbank President Jens Weidmann and Germany’s Federal Minister of Finance Olaf Scholz. EU Commissioner Mairead McGuinness presented the Commission’s Retail Payments Strategy, which is part of the recently published Digital Finance Package. Next, key trends in European payments were highlighted by Fabio Panetta (European Central Bank), Joachim Schmalzl (EPI), Ignazio Visco (Banca d’Italia) and André Bajorat (Deutsche Bank). In the subsequent panel discussion, Javier San Félix (Santander Group), Gilles Grapinet (Worldline), Jörg Kukies (German Federal Ministry of Finance) and Valentin Stalf (N26) outlined the specific challenges facing market players and take questions from the audience. Burkard Balz, the board member responsible for Payments and Settlement Systems at the Deutsche Bundesbank, closed the conference by giving an outlook for the future of payments in Europe.

Further information

Video of the event

Second web seminar "Payment habits in e-commerce"

27 October 2020, 10:30-12:00 CET

The topic of the second web seminar is "Payment habits in e-commerce – common features and regional differences". This online event will start with a short presentation by Juliette Beaulaton (Ecommerce Europe), giving an overview of the various payment habits in selected countries in Europe. After this impulse, a panel discussion among representatives of industry, consumer protection and central banks will take place, shedding some light on the reasons for the differences between national payment behaviour and trying to figure out how to overcome this lasting fragmentation. 


  • Juliette Beaulaton, Public Affairs Advisor, Ecommerce Europe

Panel Discussion

  • Anneke Kosse, Principal Researcher, Bank of Canada
  • Maike Hornung, Senior Policy Lead Central Europe, VISA
  • Henning Vormwalde, CEO, GIZS, German Savings Banks Finance Group (Sparkassen-Finanzgruppe)
  • Claudio Zeitz, Advisor, Federation of Germany Consumer Organisations
  • Juliette Beaulaton, Public Affairs Advisor, Ecommerce Europe
  • Host: Dirk Schrade, Deputy Head of the Payments and Settlement Systems Department, Deutsche Bundesbank

First web seminar "The hidden structure of payments in Europe"

30 September 2020, 10:30 - 12:00 CEST

The first web seminar “The hidden structure of payments in Europe” will be a forum for relevant stakeholders from the industry to discuss the supply-side perspective of the European payments market. On this occasion, PD (Partnerschaft Deutschland) and will present first results of a study recently commissioned by the German Federal Ministry of Finance (“Bundesministerium der Finanzen”), which aims to provide insights into the status quo of today’s European payments market and to give an outlook on the future, including the effects of digitalisation. The study provides a model of the payments value chain and payments value streams as well as a taxonomy of different “archetypes” – actors with similar business models. Building on this, the study identifies who pays whom in the complex world of back-end payments processing and examines the extent to which earnings are made directly from payments processing or through the collection of valuable data.


Doris Dietze, Head of Section Digital financial technologies, payments and cyber security - German Federal Ministry of Finance 


Erwin Meichenitsch, Partner - Austria 

Panel Discussion

  • Hugo Godschalk, Managing Director and founder - PaySys Consultancy
  • Arnulf Keese, Chief Digital Officer, Member of the Board - Deutsche Kreditbank AG (DKB) 
  • Matthias Lange, Division Manager, Retail Banking, Banking Technology, Bundesverband deutscher Banken (BdB
  • Thomas Vagner, Commercial Director DACH - Klarna
  • Host: Heike Winter, Head of Digitalisation in Payments - Deutsche Bundesbank