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The study explores the factors likely to induce Polish customers to pay by cash, instead of payment cards, for goods …; then, in the second stage, the OLS model is employed to analyze the propensity to pay by cash, despite having a payment … in diary studies. Furthermore, we show that instances of merchants' refusal to accept cash significantly impacted payment …
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This paper explores the impact of contactless payment on consumers' demand for cash at an early stage of diffusion. The … dataset drawn from representative surveys on consumer payment behavior in the USA from 2009 to 2013 is analyzed to account for … unobserved heterogeneity in cash usage. The results show that contactless credit and debit cards exert no statistically …
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