EU Emergency Guidelines Recommend Stockpiling Cash and Usable Offline Payment Methods

TechFlow reported on November 4 that, according to emergency guidelines published by the European Commission, households should be prepared for at least 72 hours of crisis response and stockpile cash and usable offline digital payment methods to meet essential household purchasing needs.

The guidelines recommend stockpiling small-denomination banknotes and coins in case of digital payment system failures; offline digital payment methods may include a future offline digital euro. The document also recommends preparing supplies such as food, drinking water, medicines, lighting, and devices for receiving information.

The guidelines are non-binding and are intended to help member states develop emergency measures suited to their national circumstances.

Source: TechFlow