How Effective is Lifeline Banking in Assisting the 'Unbanked'?

Many consumers who lack checking accounts are paying relatively high costs to access the nation's payments system. Legislation aimed at opening the system to these unbanked individuals has centered on requiring commercial banks to offer low-cost 'lifeline' accounts. But will cost savings alone motivate these consumers to access the payments system through banks?

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Year of publication:	[2007]
Authors:	Doyle, Joseph J.
Other Persons:	López, José A. (contributor) ; Saidenberg, Marc R. (contributor)
Publisher:	[2007]: [S.l.] : SSRN

Extent:	1 Online-Ressource (6 p)
Series:	Current Issues in Economics and Finance ; Vol. 4, No. 6, June 1998
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 1998 erstellt
Other identifiers:	10.2139/ssrn.997402 [DOI]
Classification:	G2 - Financial Institutions and Services ; G28 - Government Policy and Regulation ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012729777