Search Results
Journal Article
Proposed rules would clarify ATM fee notifications
Working Paper
Shared ownership and pricing in a network switch
Journal Article
What price convenience: the ATM surcharge debate
Millions of Americans are hooked on the convenience of ATMs. But ready cash is getting more expensive. Should policymakers butt in or let the marketplace decide?
Conference Paper
Where to go from here?
Journal Article
Delivering deposit services: ATMs versus branches
Working Paper
To surcharge or not to surcharge: an empirical investigation of ATM pricing
This paper investigates depository institutions' decisions whether or not to impose surcharges (direct usage fees) on non-depositors who use their ATMs. In addition to documenting patterns of surcharging, we examine motives for surcharging, including both direct generation of fee revenue and the potential to attract deposit customers who wish to avoid incurring surcharges at an institution's ATMs. Consistent with expectations, we find that the probability of surcharging increases with both the institution's share of market ATMs and the time since surcharging was first allowed in the state, ...
Journal Article
Global ATM banking: casting the net
ACH and ATM systems are examples of networks, where the benefits of one participant enhance the structure's value for the other participants. Some recent results from economic theory suggest that competitive networks are preferable in a social sense to monopoly networks.
Journal Article
CEDA community development fund ATM demonstration project
Discussion Paper
The evolution of EFT networks from ATMs to new on-line debit payment products
On June 15, 2001, the Payment Cards Center of the Federal Reserve Bank of Philadelphia sponsored a workshop on the evolution of the electronic funds transfer (EFT) industry. Paul Tomasofsky and Bruce Sussman of NYCE, the New Jersey-based electronic payments company, led the workshop. Beginning with a brief history of EFT and the automated teller machine (ATM) industry, Tomasofsky and Sussman discussed the growth of debit card applications and various Internet payment mechanisms. They then described NYCE's new payment product, SafeDebit,TM which is designed to address security issues in making ...
Conference Paper
The law's role in payments