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Efficiency of Immediate Payment Systems as a Determinant of Safety (Efektywnosc systemow platnosci natychmiastowych jako wyznacznik bezpieczenstwa)

Author

Listed:
  • Agnieszka Parkitna

    (Faculty of Computer Science and Management; Wroclaw University of Science and Technology, Department of Management Infrastructure)

  • Rafa³ Dolniak

    (Faculty of Computer Science and Management; Wroclaw University of Science and Technology, Department of Management Infrastructure)

  • Anna Czarnecka

    (Faculty of Computer Science and Management; Wroclaw University of Science and Technology, Department of Management Infrastructure)

Abstract

People who are looking for convenience and time savings are increasingly willing to reach for new technologies and methods designed to enhance the efficiency of their operations. After studying the literature on the Polish payment systems, the authors saw such convenience opportunities in the immediate payment systems that have been developing over the past several years. In this paper, the authors discuss the concept of payment system efficiency management and perform an assessment of efficiency of immediate payment system management by analyzing and comparing the Express Elixir and the BlueCash systems. The main goal of this paper is to evaluate the efficiency of management of immediate payment systems of the financial market operators providing such services on the Polish market. The problems presented in this work are of a theoretical nature and were preceded by literature analysis.

Suggested Citation

  • Agnieszka Parkitna & Rafa³ Dolniak & Anna Czarnecka, 2017. "Efficiency of Immediate Payment Systems as a Determinant of Safety (Efektywnosc systemow platnosci natychmiastowych jako wyznacznik bezpieczenstwa)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(23), pages 162-177.
    • Handle: RePEc:sgm:resrep:v:1:i:23:y:2017:p:162-177
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    File URL: http://www.sim.wz.uw.edu.pl/sites/default/files/artykuly/parkitna_dolniak_czarnecka.pdf
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    References listed on IDEAS

    as
    1. Leo Van Hove, 1999. "Electronic money and the network externalities theory: lessons for real life," Netnomics, Springer, vol. 1(2), pages 137-171, October.
    2. Gautam Gowrisankaran & Joanna Stavins, 2004. "Network Externalities and Technology Adoption: Lessons from Electronic Payments," RAND Journal of Economics, The RAND Corporation, vol. 35(2), pages 260-276, Summer.
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    Keywords

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    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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