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Payment Cards

Author

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  • Kantnerová Liběna

    (Faculty of Economics, University of South Bohemia, Czech Republic)

Abstract

The aim of this paper is to analyze the use of payment cards in retail in the Czech Republic from the side of clients (buyers) and the side of sellers. Questionnaires for clients examine satisfaction with cards and the service connected with them. Sellers’ satisfaction with the profit and function of cards is analyzed. The data indicated that 92% of the 352 respondents in South Bohemia had a payment card and more than 35% had more than one card. In retail, 70% of sellers had a payment terminal.

Suggested Citation

  • Kantnerová Liběna, 2016. "Payment Cards," Naše gospodarstvo/Our economy, Sciendo, vol. 62(3), pages 20-28, September.
  • Handle: RePEc:vrs:ngooec:v:62:y:2016:i:3:p:20-28:n:3
    DOI: 10.1515/ngoe-2016-0015
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    References listed on IDEAS

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    1. Julian Wright, 2012. "Why payment card fees are biased against retailers," RAND Journal of Economics, RAND Corporation, vol. 43(4), pages 761-780, December.
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    More about this item

    Keywords

    payment card; payment; sellers; payment terminal; users;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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