Briefing

Discounts and surcharges: implications for consumer payment choice


Abstract: This article reviews the current landscape for payment discounts and surcharges, considers whether they influence consumer payment choice, and offers several policy responses.

Keywords: Consumer behavior; Payment systems; Debit cards; Credit cards;

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Payments System Research Briefing

Publication Date: 2012

Issue: Jun