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The impact of contactless payment on cash usage at an early stage of diffusion

Trütsch, Tobias - In: Swiss journal of economics and statistics 156 (2020) 1/5, pp. 1-35

This paper explores the impact of contactless payment on consumers' demand for cash at an early stage of diffusion. The … unobserved heterogeneity in cash usage. The results show that contactless credit and debit cards exert no statistically … significant effect on cash usage after controlling for unobserved heterogeneity. Consumers' decision to use contactless payment is …

Persistent link: https://www.econbiz.de/10012257502

Measuring the impact of a failing participant in payment systems

Heijmans, Ronald; Wendt, Froukelien - In: Latin American journal of central banking : LAJCB 4 (2023) 4, pp. 1-16

Large banks and critical financial market infrastructures (FMIs) that are not able to fulfill their payment obligations, for example following a bankruptcy or cyber-attack, can be a source of financial instability and contagion in the financial system. This paper develops a composite risk...

Persistent link: https://www.econbiz.de/10014496898

Central bank digital currency and cash in the euro area : current developments and one specific proposal

Rösl, Gerhard; Seitz, Franz - In: Credit and capital markets : Kredit und Kapital 55 (2022) 4, pp. 523-551

The present paper provides an overview on current developments of cash usage and issue of central bank digital currency … (CBDC) in the euro area and proposes a possible design of a digital euro that allows for instant offline payments. Cash … regulations and supply-side restrictions by commercial banks. Nonetheless, overall demand for euro cash remained strong and even …

Persistent link: https://www.econbiz.de/10014518599

Cashless payment system and Covid-19 on the example of the Czech Republic

Schlossberger, Otakar; Soldanová, Marcela - In: Financial internet quarterly 18 (2022) 1, pp. 31-43

caused by Covid-19 contributed to increasing the share of non-cash payments? The authors base their research on the …

Persistent link: https://www.econbiz.de/10013252623

Cash usage in Poland in 2020 : insights into the role of the COVID-19 pandemic and spatial aspects

Kotkowski, Radosław; Manikowski, Arkadiusz - In: Journal of banking and financial economics 19 (2023) 1, pp. 85-113

The study explores the factors likely to induce Polish customers to pay by cash, instead of payment cards, for goods …; then, in the second stage, the OLS model is employed to analyze the propensity to pay by cash, despite having a payment … in diary studies. Furthermore, we show that instances of merchants' refusal to accept cash significantly impacted payment …

Persistent link: https://www.econbiz.de/10014515029

Tiered access in RTGS systems : a DLT-based approach

Cárdenas, Miguel; Madeira, Carlos; Morales, Raúl; … - In: Latin American journal of central banking : LAJCB 5 (2024) 1, pp. 1-16

Distributed ledger technologies (DLT) are increasingly considered to enhance payment systems' and market infrastructures' functionalities like their accessibility and interoperability. We explore DLT architecture options to enable a new tiered access in the RTGS system of Chile for new payment...

Persistent link: https://www.econbiz.de/10015055046

Public use and distribution of retail CBDC : an evidence from Thailand's retail CBDC pilot program

Nuntapun Bhensook; Thanaporn Rattanakul; Witit Synsatayakul - In: Jahrbücher für Nationalökonomie und Statistik 245 (2025) 4/5, pp. 367-399

. For the first time, it utilizes detailed transactional data, including demographic information of users from a real-world …

Persistent link: https://www.econbiz.de/10015432046

Comparison between internal and electronic clearing systems for checks : a case study pertaining to the Iraqi banking industry

Huby, Maysaa saad Jawad; Ibrahim, Lamyaa Ali; Abbas, … - In: Financial internet quarterly 20 (2024) 3, pp. 70-90

Payment clearing is important to ensure that the payment is transferred or the cash from one bank account moves to the … other bank. The banking system in Iraq follows two sorts of clearance systems which are the IBCS (Inter Bank Clearing System …) and C-ACH (Check Automated Clearing House System). Though the Central Bank of Iraq (CBI) has already modernized the …

Persistent link: https://www.econbiz.de/10015077035

Do large TARGET2 balances bear risks for the euro area?

Horst, Maximilian Julius; Neyer, Ulrike - In: Credit and capital markets : Kredit und Kapital 55 (2022) 1, pp. 3-34

Large increases in TARGET2 balances in the euro area since 2008 have led to concern and debate about the appropriate interpretation and policy reaction - in particular in TARGET2 creditor countries such as Germany. Against this background, we examine the main drivers of the increases and...

Persistent link: https://www.econbiz.de/10014518497

Will the widespread use of cashless payments reduce the frequency of the use of cash payments?

Fujiki, Hiroshi - In: Review of Economic Analysis : REA 14 (2022) 1, pp. 89-120

Will the widespread use of cashless payments reduce the frequency of the use of cash payments? This question is … important because the major costs of cash use are fixed costs that would only be reduced if the frequency of cash payments … substantially decreased, and thus the extent of the reduction of the cost of cash use depends on the frequency of cash use after the …

Persistent link: https://www.econbiz.de/10012886428