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O3.10 Enable different levels of privacy between payer and payee

O3 Ensure data privacy by design

RS1 Privacy Vulnerability

RS2 Digital insecurity

L2 Strategy and Design

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Practices

  • Establish options for asymmetric privacy for payment systems.

  • This provides stronger anonymity for the payer and weaker protections for the payee. Thereby, anti-money laundering and fraud prevention mechanisms can be combined with strong privacy protections for citizens, making the system comparable in its privacy standards with cash.

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Resources

Case Study

( to come soon..)

References

Better than Cash Alliance (2024). UN Principles for Responsible Digital Paymentsarrow-up-right