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European payment systems and monetary union

Listed author(s):
  • Callado Muñoz, Francisco José


    (Departament d'Economia (Department of Economics) Facultat de Ciències Econòmiques i Empresarials (Faculty of Economics and Management) Universitat de Girona)

  • Utrero González, Natalia


    (Departament d'Economia (Department of Economics) Facultat de Ciències Econòmiques i Empresarials (Faculty of Economics and Management) Universitat de Girona)

We make a comparative study of payment systems for E.U. fifteen countries for the 1996-2002 period. Special attention is paid to the introduction of the new European single currency. The overall trend in payments is for a move from cash to non-cash payment instruments, although electronic instruments are not widely used yet. We find a significant impact from the introduction of the new banknotes and coins on card use.

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Article provided by Capco Institute in its journal Journal of Financial Transformation.

Volume (Year): 12 (2004)
Issue (Month): ()
Pages: 85-92

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Handle: RePEc:ris:jofitr:0928
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