The main objective of the ongoing study is to investigate obstacles and driving forces affecting organization adoption of innovation. In order to that an example of the mobile payments applied in the Swedish retail industry has been used. The main analyzed factors are: adopter characteristics,...

A method to generate hypotheses on consumer payment behavior from market basket data is presented with which retailers can predict future cash requirements. This could help retailers to minimize the costs of cash management through rationalization and may also encourage the introduction of new...

The rapid proliferation of electronic payment media continues to change the way consumers shop and merchants sell goods and services. Many policymakers and economists agree that the digitization of payments is socially beneficial. However, there is considerable debate regarding the optimal...

Payment cards have been a perennial source of debate among economists. That debate received additional fodder in 2011 with passage of the Durbin Amendment, which targets debit card interchange fees. I assess the claim that the merchant side of the debit card payment platform has paid more than...

This paper examines the fundamental relationship between retail payments and overall economic growth. Using data from across 27 European markets over the period 1995–2009, the results confirm that migration to efficient electronic retail payments stimulates overall economic growth, consumption...

The commercial businesses like retailers of supermarkets have incorporated emerging technologies like targeted marketing, diversity marketing, transactional marketing, and various other strategies to generate greater business profit. Our proposed system aims to enhance the targeted marketing...

The Government of India took historic decision of demonetization and cancelled legal tender of high denomination currency notes Rs. 500 and Rs. 1,000 on 8th November 2016. The main purpose of this action was to cleanse counterfeit notes from economy, put check on terror funding and fight menace...