performance. We then review the policy tools available to promote efficient retail payments in Europe. We argue that while SEPA is … competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …

’ financial literacy; reduce information asymmetry and stimulate competition in the banking sector; increase consumers’ trust in …

’ financial literacy; reduce information asymmetry and stimulate competition in the banking sector; increase consumers’ trust in …

while SEPA is an important policy initiative that harmonizes payment methods across the EU, it alone is not enough. Vigorous … competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be …

euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental …

euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental …

model of spatial bank competition to understand better the economic foundations of the Single Euro Payments Area (SEPA). An … economic research perspective on the mostly informal policy debates about SEPA is developed. The analysis suggests that … expectations about the positive effects of SEPA may be exaggerated as most channels for enhancing public welfare seem rather weak …

model of spatial bank competition to understand better the economic foundations of the Single Euro Payments Area (SEPA). An … economic research perspective on the mostly informal policy debates about SEPA is developed. The analysis suggests that … expectations about the positive effects of SEPA may be exaggerated as most channels for enhancing public welfare seem rather weak …

model of spatial bank competition to understand better the economic foundations of the Single Euro Payments Area (SEPA). An … economic research perspective on the mostly informal policy debates about SEPA is developed. The analysis suggests that … expectations about the positive effects of SEPA may be exaggerated as most channels for enhancing public welfare seem rather weak …

The evolution of retail payments, stimulated by the new European regulation, by competition and innovation, leads banks …