Introduction

Welcome to the DCash 2.0 Public Survey!

The Eastern Caribbean Central Bank (ECCB) has commenced planning for a commercial deployment of DCash 2.0, our digital version of the Eastern Caribbean currency, following completion of the ECCB’s DCash pilot project in January 2024. Building on the lessons learnt from the DCash pilot, DCash 2.0 aims to deliver a more secure, resilient and user-friendly platform.

DCash 2.0 will enable efficient, instant transactions by integrating directly with financial institutions’ payment systems and third-party digital wallets. It will support a wide range of payment types, including person-to-person (P2P), person-to-business (P2B), business-to-business (B2B), government-to-person (G2P), and person-to-government (P2G) transactions, offering users a versatile and comprehensive digital payment solution.

The ECCB is committed to engaging with all stakeholders across the ECCU to ensure DCash 2.0 meets the needs of all users. This survey seeks to gather valuable insights from the general public, including past DCash pilot participants and potential users of DCash 2.0.

We would like to understand your experiences with digital payments, your familiarity with DCash, and your expectations for the future of digital finance in the region.

Specifically, this survey will explore:
  • As a member of the ECCU public, your familiarity with and openness to DCash and other digital payment methods;
  • As a member of the ECCU public, factors that motivate or deter you in using digital payments;
  • For past DCash users, your experience in using the DCash pilot platform, including areas for improvement;
  • As a member of the ECCU public , your preferences for specific use cases, digital wallet features and functionalities;
  • As an entrepreneur or potential entrepreneur, how DCash 2.0 can add value to your daily life and business ventures.
By participating in this survey, you will play a crucial role in shaping the future of our Central Bank Digital Currency in the ECCU. Your feedback will guide the development of DCash 2.0, ensuring it is tailored to meet the diverse needs of users across the region.

Thank you for your participation. Your input is essential in helping us to create a digital currency platform which serves everyone in the ECCU.

Terms Used

Digital payments are transactions made using electronic devices, such as smartphones or computers, instead of cash or cheques. These payments include:
  • Mobile Banking Apps (MoBanking, Republic Mobile, BOSVG iBanking)
  • Debit/Credit Cards
  • Online Bank Transfers
  • Digital Wallets (e.g.,Penny Pinch, JadCash, PaySwif, PayPal, CashApp, Venmo)
  • DCash (Digital Currency)
  • Cryptocurrency (e.g., Bitcoin)
  • Direct Debits
  • Wire Transfers
Examples of Traditional Payment Methods:
  • Cash
  • Cheques
  • Bank Drafts
 
8% of survey complete.

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