The revolving credit available to consumers changes substantially over the business cycle, life cycle, and for individuals. We show that debt changes at the same time as credit, so credit utilization is remarkably stable. From ages 20-40, for example, credit card limits grow by more than 700...

Zusammenfassung Der Kreditkartenmarkt wird von zwei Firmen bestimmt: VISA und Mastercard/Eurocard. Der Einfluss der „Großen Zwei“ hat sowohl in den USA als auch in Europa wettbewerbsrechtliche Bedenken ausgelöst und den bisher kaum wirtschaftswissenschaftlich analysierten Kreditkartenmarkt...

Purpose of the study - The purpose of the study was to identify what the attributes of acredit card were that consumers found desirable and that led to acquisition of aparticular credit card. Further analysis was conducted to identify whether there were anydifferences or preferences for these...

Regulatory, structural and technological factors have significantly changed the credit card environment throughout the world during the past two decades. Increased competition in the credit cards market and the arrival of non-traditional credit card providers like retailers and airlines has not...

Transparent pricing is a prerequisite for an efficient, competitive market and responsible consumer behavior. If the card industry were required to price its products in a straightforward manner, and it were less costly for consumers to switch cards, deceptive practices would be harder to...

Trotz ständig steigender Bedeutung kartengebundener Zahlungssysteme fehlt es im deutschen Zivilrecht an einer speziellen Regelung für Kreditkarten und den mannigfachen Risiken, die sich bei deren Gebrauch ergeben können. Aus diesem Grund kommt den Allgemeinen Geschäftsbedingungen, also den...

This study intends to develop a theoretical framework to show credit card usage as a determinant of social capital of people who are living in urban societies in developing economies. Data were instrumented by a questionnaire. A survey of citizens of Kandy City area of Central Province of Sri...

We study the bancarization of marginal borrowers using credit cards and document that this process is difficult: default risk is substantial, returns heterogeneous, and account closings common. We also take advantage of a randomized control trial that varied interest rates and minimum payments...

This paper explores the impact of contactless payment on consumers' demand for cash at an early stage of diffusion. The specific devices that are investigated are debit and credit cards, in which the feature is embedded. A novel balanced panel dataset drawn from representative surveys on...