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This study provides insight into the costs of cash, debit card and credit card payments made at the point of sale in Canada in 2014. For each payment method, it examines the total resource costs, which capture the overall use of resources by society as a whole. Using extensive survey data from...
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Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might suggest that cash will eventually disappear. However, cash in circulation in most countries, including Canada, has been stable for decades, and even rising in recent years. In...
Persistent link: https://www.econbiz.de/10012053139
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 …
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The authors present the methodology and main findings of the Bank of Canada’s 2009 Methods-of-Payment survey, a detailed investigation of consumer payment behaviour in Canada. The survey targeted the 18- to 75-year-old Canadian resident population. During November 2009, participants answered a...
Persistent link: https://www.econbiz.de/10009618431
The analysis of payment data has become an important task for operators and overseers of financial market infrastructures. Payment data provide an accurate description of how banks manage their liquidity over time. In this paper we compare three models to predict future liquidity flows from...
Persistent link: https://www.econbiz.de/10012983637
We develop indicators for signs of liquidity shortages and potential financial problems of banks by studying transaction data of the Dutch part of the European real time gross settlement system and collateral management data. The indicators give information on 1) overall liquidity position, 2)...
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