Retail Payment Systems: Competition, Innovation, and Implications

Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for payment market efficiency in both the short and long run. This paper gives an overview and tries to assess the key determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is changing rapidly, it is not yet clear what business model will survive.

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Year of publication:	2012-12
Authors:	Bolt, Wilko
Institutions:	de Nederlandsche Bank
Subject:	Payments \| pricing \| competition \| innovation

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Extent:	application/pdf
Series:	DNB Working Papers.
Type of publication:	Book / Working Paper
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; G21 - Banks; Other Depository Institutions; Mortgages ; C21 - Cross-Sectional Models; Spatial Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010822696