Bolt, Wilko; Humphrey, David - In: Review of Network Economics 6 (2007) 4, pp. 453-473
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 cross-border inter-operability for electronic payments …, card transactions will increasingly replace cash and checks for all types of payments. Using different methods, we estimate …