Trütsch, Tobias - In: Swiss journal of economics and statistics 156 (2020) 1/5, pp. 1-35
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 …