Arango, Carlos; Bouhdaoui, Yassine; Bounie, David; … - 2014
, France and Germany. Yet, they are not so crucial in the Netherlands, which exhibits a significant share of low-value card … explain the use of payment instruments by transaction size. In particular, using diary survey data from Canada, France …, Germany and the Netherlands, we test the assumption that cash is still the most efficient payment instrument, and the idea …