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Transaction Pricing and the Adoption of Electronic Payments - A Cross-Country Comparison (Paperback) Loot Price: R388
Discovery Miles 3 880
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Transaction Pricing and the Adoption of Electronic Payments - A Cross-Country Comparison (Paperback): International Journal of...

Transaction Pricing and the Adoption of Electronic Payments - A Cross-Country Comparison (Paperback)

International Journal of Central Banking; Wilko Bolt, David Humphrey

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Loot Price R388 Discovery Miles 3 880

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After safety, the efficiency of a nation's payment system is a primary concern of central banks. Since electronic payments are typically cheaper than paper-based or cash payments, pricing these transactions should speed up the shift to electronics. But by how much? Norway explicitly priced point-of-sale and bill-payment transactions and rapidly shifted to electronic payments, while the Netherlands experienced a similar shift without pricing. Controlling for terminal availability and differences between countries, direct pricing accelerated the shift to electronics by about 20 percent. The quid pro quo was the elimination of bank-float revenues.

General

Imprint: Bibliogov
Country of origin: United States
Release date: September 2012
First published: September 2012
Creators: International Journal of Central Banking
Authors: Wilko Bolt • David Humphrey
Dimensions: 246 x 189 x 2mm (L x W x T)
Format: Paperback - Trade
Pages: 38
ISBN-13: 978-1-249-56026-5
Categories: Books > Social sciences > Politics & government > General
LSN: 1-249-56026-8
Barcode: 9781249560265

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