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In this article, we survey the recent theoretical literature on payment cards and study their implications for public policy. Payment card networks have faced regulatory scrutiny in several countries regarding the setting of various fees including interchange fees fees paid by the merchant's...
Persistent link: https://www.econbiz.de/10005101797
In the first part of this article we present a brief description of Dutch retail payment systems in terms of market structure and performance, usage of payment instruments, and corresponding tariff structures. Although it is con-cluded that the Dutch retail payment market as a whole showed...
Persistent link: https://www.econbiz.de/10005106713
, it is important to maintain competition among payment service providers but data available to gauge the degree of … competition are quite limited. We propose and implement a frontierbased method to assess relative competition in bank …
Persistent link: https://www.econbiz.de/10010711999
Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for … determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is …
Persistent link: https://www.econbiz.de/10010822696
influences total demand. Survey data of Dutch merchants shows that costs, and competition affect acceptance as well as … their customers for using them. Merchants who face any competition accept debit card payments relatively more often than … merchants with monopoly power, and they are less likely to surcharge their customers for debit card usage. Intense competition …
Persistent link: https://www.econbiz.de/10009144149