Despite the central role of payments in theoretical and policy oriented economics, there is surprisingly little known … payments in Sweden in 2002. The combined social cost of providing these payment services is approximately 0.4 per cent of GDP …. Debit and credit cards are socially less costly than cash for payments above EURO 8 and EURO 18, respectively. Corresponding …

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 …