E-commerce, digital payments and R$ 200 ballot: possible implications during and after a pandemic scenario

Abstract

The growth of e-commerce and digital payments has resulted in profound changes in the way in which products and services are marketed by society. With the measures aimed at combating the pandemic of the new coronavirus, the online shopping process was intensified and strengthened the tendency to reduce paper money at the time of making purchases. However, in the midst of a pandemic, the Central Bank of Brazil announced the launch of the R $ 200 note. That said, this research aims to analyze the likely economic impact that this note will generate in the context of the rise of e-commerce and digital payments. Therefore, it was necessary to analyze the following points: the rise of digital transactions, the release of banknotes in a pandemic context, the existence of a worldwide trend to reduce the volume of paper money and the behavior of Brazil and other countries in relation to the dematerialization of money referring to existing electronic payments. Then, the methodology of this research as to the purposes, whether as descriptive and explanatory, as to the means, is defined as bibliographic and consequently qualitative, raising and grouping information that seeks to understand the problem and its effects. As a conclusion, it should be noted that the launch of the R $ 200 note was due to the promotion of printing and uncertainties regarding the economic market. Thus, the new banknote, apparently, will not be a major factor in determining the type of commercial transaction.