Advanced Search
MyIDEAS: Login to save this article or follow this journal

Better safe than sorry: views of the Hungarian public on the security of payment instruments

Contents:

Author Info

  • Éva Divéki

    ()
    (Magyar Nemzeti Bank (central bank of Hungary))

  • Dániel Listár

    ()
    (Magyar Nemzeti Bank (central bank of Hungary))

Abstract

Our survey found that the Hungarian public considers bank cards to be the most secure electronic payment instrument. The positive perception of the bank card ranks immediately behind the perceived security of traditional payment instruments: the yellow cheque and cash. Nevertheless, one of the key findings of our article is that the less intensive use of state-of-the-art electronic payment instruments is not due primarily to security reasons, although such concerns may play a certain role, particularly in the case of online payment instruments. The sense of security in payment instruments relates mainly to familiarity and use. That is, consumers consider payment instruments they know and use to be safe, while lesser known and little used ones are perceived as less secure. Consequently, the use of cashless electronic payment instruments can be intensified mostly through the dissemination of information, which will elevate the sense of security in consumers as well. The majority of the population expects their own account keeping bank to convey information relating to payment instruments.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://english.mnb.hu/Root/Dokumentumtar/ENMNB/Kiadvanyok/mnben_mnbszemle/mnben-bulletin-october-2012/diveki_listar_ENG.pdf
Download Restriction: no

Bibliographic Info

Article provided by Magyar Nemzeti Bank (the central bank of Hungary) in its journal MNB Bulletin.

Volume (Year): 7 (2012)
Issue (Month): 3 (October)
Pages: 7-27

as in new window
Handle: RePEc:mnb:bullet:v:7:y:2012:i:3:p:7-27

Contact details of provider:
Web page: http://www.mnb.hu/
More information through EDIRC

Related research

Keywords: security; public view; payments.;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Kosse, Anneke, 2013. "Do newspaper articles on card fraud affect debit card usage?," Journal of Banking & Finance, Elsevier, vol. 37(12), pages 5382-5391.
  2. Anneke Kosse, 2010. "The safety of cash and debit cards: a study on the perception and behaviour of Dutch consumers," DNB Working Papers 245, Netherlands Central Bank, Research Department.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mnb:bullet:v:7:y:2012:i:3:p:7-27. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maja Bajcsy).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.