In this paper, we analyze theoretically the coexistence of two means of payment, such as cash and digital or electronic … payments, introducing some distortions in the payments markets to understand the widespread use of cash, specially in emerging … affecting cash usage and competition with a private digital payment platform. Considering heterogeneity in the seller's side by …

, reduce payment risk, and have significantly replaced the use of cash, cards, or check and direct debit payments. We note the …

We examine how an innovation in payment technology impacts on consumer payment choice and cash demand. We study the … reduction in the cash share of payments and no reduction of average cash demand. Treatment effects on payment choice are … strongest among consumers with an intermediate pre-treatment use of cash. Explorative analyses reveal that effects are largely …

, card transactions will increasingly replace cash and checks for all types of payments. Using different methods, the authors … likely to induce greater replacement of small value cash transactions are also illustrated …

, for cash withdrawals at ATMs or for payment cards; but also as financial damage in the event of loss or fraud. On the … other hand, this also includes time costs, e.g. for cash withdrawals or the payment process, and costs of data disclosure …