Retail Payment Systems: Competition, Innovation, and Implications

Bolt, Wilko

doi:10.2139/ssrn.2192046

Abstract

References (34)

Footnotes (1)

Download This Paper | Share | Email |Add to Briefcase | Purchase Bound Hard Copy

Retail Payment Systems: Competition, Innovation, and Implications

Wilko Bolt

De Nederlandsche Bank (Dutch Central Bank)

December 20, 2012

De Nederlandsche Bank Working Paper No. 362

Abstract:
Efficient payment services underpin the smooth operation of the economy. Competition and innovation are key drivers for payment market efficiency in both the short and long run. This paper gives an overview and tries to assess the key determinants that affect pricing, competition and the incentives to innovate in the payment market. While the payment landscape is changing rapidly, it is not yet clear what business model will survive.

Number of Pages in PDF File: 27

Keywords: Payments, pricing, competition, innovation

JEL Classification: L11, G21, C21

working papers series

Download This Paper

Date posted: December 22, 2012

Suggested Citation

Bolt, Wilko, Retail Payment Systems: Competition, Innovation, and Implications (December 20, 2012). De Nederlandsche Bank Working Paper No. 362. Available at SSRN: http://ssrn.com/abstract=2192046 or http://dx.doi.org/10.2139/ssrn.2192046

Contact Information

Wilko Bolt (Contact Author)

De Nederlandsche Bank (Dutch Central Bank) ( email )

P.O. Box 98
1000 AB Amsterdam
Netherlands