We develop a theoretical framework aimed to model the pricing of electronic money (electronic cash cards) and the market domain in which it will be used.We first calculate the fee structures of electronic cash- and charge-card industries for the monopoly and competitive cases.We show that the...

This paper highlights the Saudi Arabia’s Detailed Assessment of Observance of the Committee on Payment and Settlement Systems Core Principles for systemically important payment systems. The Saudi Arabian Monetary Agency (SAMA) is working to establish its payment system oversight function...

This report presents the evaluation of the first transit smart card demonstration in California. The study assesses the cost and benefit implications of the smart card system to transit agencies. Two types of smart cards were used: radio frequency (RF) proximity and contact. The assessment of...