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Cross-Border Payment Systems and the European Monetary Union

In: International Trade, Foreign Direct Investment and the Economic Environment

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  • Theo Peeters

Abstract

Payment systems have undergone profound transformation in recent years. The techniques of payment have been modified, with payment by cards and credit transfers taking a larger share of the total. In addition, with the integration of capital markets and the creation of the European Union (EU) internal market, more and larger payments are passing from one country to another and, hence, from one payment system to another.

Suggested Citation

  • Theo Peeters, 1998. "Cross-Border Payment Systems and the European Monetary Union," Palgrave Macmillan Books, in: P. K. M. Tharakan & D. Bulcke (ed.), International Trade, Foreign Direct Investment and the Economic Environment, chapter 11, pages 219-241, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14030-5_11
    DOI: 10.1007/978-1-349-14030-5_11
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