Economics of payment cards: a status report
Abstract: This article surveys the recent theoretical literature on payment cards (focusing on debit and credit cards) and studies this research's possible implications for the current public policy debate over payment card networks and the pricing of their services for both consumers and merchants.
Keywords: Payment systems; Credit cards;
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2008/ep_4qtr2008_part2_bolt_etal.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 2008
Issue: Q IV