European payment systems and monetary union

We make a comparative study of payment systems for E.U. fifteen countries for the 1996-2002 period. Special attention is paid to the introduction of the new European single currency. The overall trend in payments is for a move from cash to non-cash payment instruments, although electronic instruments are not widely used yet. We find a significant impact from the introduction of the new banknotes and coins on card use.

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Year of publication:	2004
Authors:	Callado-Muñoz, Francisco José ; Utrero-González, Natalia
Published in:	Journal of Financial Transformation. - Capco Institute. - Vol. 12.2004, p. 85-92
Publisher:	Capco Institute
Subject:	Payment Systems \| European Union \| Monetary Union \| Cash \| Cards

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Type of publication:	Article
Classification:	E41 - Demand for Money ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004981459