The growing economic literature dedicated to payment instruments mainly focus on payments at point of sale. Yet, credit … transfers and direct debits used in bill payments are much more used in the Euro area than checks, payments cards and other … payments at point of sale is relevant to study the economics of bill payments. Using an original data set, we show that the …

Disruptive innovations in digital payments are happening in a large number of countries around the world. In this paper … payments in 2018 increases the card-sales amount by 15.3 percent on average (and by 17.1 percent the card-sales count) compared … to merchants who do not accept contactless payments. We also find evidence that accepting contactless payments exerts a …