Journal Article

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;

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Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2008

Volume: 32

Issue: Q IV

Pages: 15-27