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Retail payments: New contributions, empirical results, and unanswered questions

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  • Humphrey, David B.
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    Abstract

    We offer a selected survey of retail payments and suggest areas where additional research would prove useful. After summarizing eight papers presented at a recent Norges Bank (Central Bank of Norway) payment conference and published in this volume, we show how they, and many of the other papers presented there, have contributed to the payments literature. We also illustrate how institutional and other differences across countries led to different payment arrangements historically which now, due to technological innovation affecting bank costs, have made payment arrangements across countries more homogeneous.

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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Banking & Finance.

    Volume (Year): 34 (2010)
    Issue (Month): 8 (August)
    Pages: 1729-1737

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    Handle: RePEc:eee:jbfina:v:34:y:2010:i:8:p:1729-1737

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    Web page: http://www.elsevier.com/locate/jbf

    Related research

    Keywords: Retail payments Payment survey Payment research topics;

    References

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    Cited by:
    1. Wakamori, Naoki & Welte, Angelika, 2013. "Why Do Shoppers Use Cash? Evidence from Shopping Diary Data," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 431, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    2. Francisco José Callado Muñoz & Jana Hromcová & Natalia Utrero González, 2011. "Transformation of payment systems: The case of European Union enlargement," Working Papers. Serie AD 2011-23, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Francisco Callado-Muñoz & Jana Hromcová & Natalia Utrero-González, 2014. "Openness and Technology Diffusion in Payment Systems: The Case of NAFTA," Computational Economics, Society for Computational Economics, vol. 43(4), pages 497-519, April.
    4. Anneke Kosse, 2012. "Do newspaper articles on card fraud affect debit card usage?," DNB Working Papers 339, Netherlands Central Bank, Research Department.
    5. Wilko Bolt & Sujit Chakravorti, 2010. "Digitization of Retail Payment," DNB Working Papers 270, Netherlands Central Bank, Research Department.
    6. Francisco J. Callado-Muñoz & Jana Hromcová & Natalia Utrero-González, 2014. "Effects of Institutional Environment and Technology Development on Payment Choice," Working Papers wpdea1403, Department of Applied Economics at Universitat Autonoma of Barcelona.
    7. G. Camera & M. Casari & S. Bortolotti, 2014. "An Experiment on Retail Payments Systems," Working Papers wp942, Dipartimento Scienze Economiche, Universita' di Bologna.

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