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Banks supply payment services that underpin the smooth operation of the economy. To ensure an efficient payment system, it is important to maintain competition among payment service providers but data available to gauge the degree of competition are quite limited. We propose and implement a...
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is expected that the creation of a Single European Payments Area (SEPA) will spur consolidations and mergers among …
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contactless card increases the use of debit cards especially for small-value payments. However, we find only a moderate average … reduction in the cash share of payments and no reduction of average cash demand. Treatment effects on payment choice are …
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