economics of payments …

The goal of SEPA (Single Euro Payments Area) is to facilitate the emergence of a competitive, intra-European market by … making cross-border payments as easy as domestic transactions. With crossborder inter-operability for electronic payments …, card transactions will increasingly replace cash and checks for all types of payments. Using different methods, the authors …

In this paper we analyse whether the use of debit card payments data improves the accuracy of one-quarter ahead … forecasts and nowcasts (current-quarter forecasts) of Dutch private household consumption. Since debit card payments data are … timely available, they may be a valuable indicator of economic activity. We study a variety of models with payments data and …