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Competition in retail digital payments

Author

Listed:
  • Daniele Natalizi
  • Vatsala Shreeti

Abstract

Retail payments have digitalised rapidly in both advanced economies and emerging market and developing economies.Digitalisation has altered the competitive landscape, with new entrants (eg fintechs and big techs) and new technologies, yet incumbent banks and card networks retain their dominant position in key markets.In their role as operators, overseers and catalysts in payment systems, central banks support competition in diverse ways, depending on their mandates and institutional arrangements.

Suggested Citation

  • Daniele Natalizi & Vatsala Shreeti, 2026. "Competition in retail digital payments," BIS Bulletins 127, Bank for International Settlements.
    • Handle: RePEc:bis:bisblt:127
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    References listed on IDEAS

    as
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