Barr, Michael S.; Dokko, Jane K.; Feit, Eleanor M. - Federal Reserve Board (Board of Governors of the … - 2011
This paper characterizes the features of an account-based payment card--including bank debit cards, prepaid debit cards … banking services. After monthly cost, we find that, on average, non-monetary features of a payment card, such as the … differently designed payment cards. We estimate a high take rate for a well-designed payment card that is decreasing in its cost …