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E-payments in emerging markets

Author

Listed:
  • Rau, Amrish

Abstract

With emerging markets around the world migrating from cash to electronic payments, the opportunity is ripe for banks, merchants and service providers to develop strategies for entering these markets. Purchasing power is growing, online spending is accelerating, consumers are increasingly using debit and credit cards, and governments are encouraging shifts from cash to electronic transactions. But while the potential for growth and profit is enticing, these markets are fraught with challenges, including regulatory complexities, infrastructure insufficiencies and intense competition. This paper examines opportunities related to e-payments in emerging markets, as well as tactics for mitigating the risks inherent in entering potentially volatile new markets.

Suggested Citation

  • Rau, Amrish, 2014. "E-payments in emerging markets," Journal of Payments Strategy & Systems, Henry Stewart Publications, vol. 7(4), pages 337-343, January.
  • Handle: RePEc:aza:jpss00:y:2014:v:7:i:4:p:337-343
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    More about this item

    Keywords

    electronic payments; e-payments; emerging markets; eCommerce; unbanked; cashless;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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