Retail Payments in the Netherlands: some Facts and Some Theory
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jean-Charles Rochet & Jean Tirole, 2014.
"Platform Competition in Two-Sided Markets,"
CPI Journal, Competition Policy International, vol. 10.
- Jean-Charles Rochet & Jean Tirole, 2003. "Platform Competition in Two-Sided Markets," Journal of the European Economic Association, MIT Press, vol. 1(4), pages 990-1029, June.
- Rochet, Jean-Charles & Triole, Jean, 2002. "Platform competition in two sided markets," LSE Research Online Documents on Economics 24929, London School of Economics and Political Science, LSE Library.
- Jean-Charles Rochet & Jean Triole, 2002. "Platform Competition in Two Sided Markets," FMG Discussion Papers dp409, Financial Markets Group.
- Rochet, Jean-Charles & Tirole, Jean, 2003. "Platform Competition in Two-Sided Markets," IDEI Working Papers 152, Institut d'Économie Industrielle (IDEI), Toulouse.
- Baxter, William F, 1983. "Bank Interchange of Transactional Paper: Legal and Economic Perspectives," Journal of Law and Economics, University of Chicago Press, vol. 26(3), pages 541-588, October.
- Humphrey, David B & Kim, Moshe & Vale, Bent, 2001.
"Realizing the Gains from Electronic Payments: Costs, Pricing, and Payment Choice,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 216-234, May.
- David B. Humphrey & Moshe Kim & Bent Vale, 1998. "Realizing the gains from electronic payments: costs, pricing, and payment choice," Proceedings 586, Federal Reserve Bank of Chicago.
- James J. McAndrews, 1997. "Network issues and payment systems," Business Review, Federal Reserve Bank of Philadelphia, issue Nov, pages 15-25.
- David Humphrey & Lawrence Pulley & Jukka Vesala, 2000. "The Check's in the Mail: Why the United States Lags in the Adoption of Cost-Saving Electronic Payments," Journal of Financial Services Research, Springer;Western Finance Association, vol. 17(1), pages 17-39, February.
- Humphrey, David B. & Keppler, Robert H. & Montes-Negret, Fernando, 1997. "Cost recovery and pricing of payment services," Policy Research Working Paper Series 1833, The World Bank.
- William R. Emmons, 1996. "Price stability and the efficiency of the retail payments system," Review, Federal Reserve Bank of St. Louis, issue Sep, pages 49-61.
- Shy, Oz & Tarkka, Juha, 2002.
"The Market for Electronic Cash Cards,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 34(2), pages 299-314, May.
- Shy, Oz & Tarkka, Juha, 1998. "The market for electronic cash cards," Research Discussion Papers 21/1998, Bank of Finland.
- Gans Joshua S & King Stephen P, 2003. "The Neutrality of Interchange Fees in Payment Systems," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 3(1), pages 1-18, January.
- Richard Schmalensee, 2001. "Payment Systems and Interchange Fees," NBER Working Papers 8256, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- W. Bolt & A.F. Tieman, 2003.
"Pricing Debit Card Payments Services: An IO approach,"
WO Research Memoranda (discontinued)
735, Netherlands Central Bank, Research Department.
- Alexander F. Tieman & Wilko Bolt, 2003. "Pricing Debit Card Payment Services; An IO Approach," IMF Working Papers 03/202, International Monetary Fund.
- Hayashi Fumiko, 2006.
"A Puzzle of Card Payment Pricing: Why Are Merchants Still Accepting Card Payments?,"
Review of Network Economics, De Gruyter, vol. 5(1), pages 1-31, March.
- Fumiko Hayashi, 2004. "A puzzle of card payment pricing : why are merchants still accepting card payments?," Payments System Research Working Paper PSR WP 04-02, Federal Reserve Bank of Kansas City.
- Nicole Jonker & Thijs Kettenis, 2007. "Explaining cash usage in the Netherlands: the effect of electronic payment instruments," DNB Working Papers 136, Netherlands Central Bank, Research Department.
- Wilko Bolt & Sujit Chakravorti, 2008.
"Consumer choice and merchant acceptance of payment media,"
Working Paper Series
WP-08-11, Federal Reserve Bank of Chicago.
- Wilko Bolt & Sujit Chakravorti, 2008. "Consumer Choice and Merchant Acceptance of Payment Media," DNB Working Papers 197, Netherlands Central Bank, Research Department.
- VAN HOVE, Leo, 2007. "Central Banks and Payment Instruments: a Serious Case of Schizophrenia," MPRA Paper 5281, University Library of Munich, Germany.
- Bolt, Wilko & Schmiedel, Heiko, 2009.
"SEPA, efficiency, and payment card competition,"
Working Paper Series
1140, European Central Bank.
- Wilko Bolt & Heiko Schmiedel, 2010. "SEPA, Efficiency, and Payment Card Competition," DNB Working Papers 239, Netherlands Central Bank, Research Department.
- Bolt, Wilko & Jonker, Nicole & van Renselaar, Corry, 2010.
"Incentives at the counter: An empirical analysis of surcharging card payments and payment behaviour in the Netherlands,"
Journal of Banking & Finance, Elsevier, vol. 34(8), pages 1738-1744, August.
- Wilko Bolt & Nicole Jonker & Corry van Renselaar, 2008. "Incentives at the counter: An empirical analysis of surcharging card payment and payment behaviour in the Netherlands," DNB Working Papers 196, Netherlands Central Bank, Research Department.
- Buiter, Willem H., 2009.
"Negative nominal interest rates: Three ways to overcome the zero lower bound,"
The North American Journal of Economics and Finance, Elsevier, vol. 20(3), pages 213-238, December.
- Buiter, Willem H., 2009. "Negative nominal interest rates: three ways to overcome the zero lower bound," LSE Research Online Documents on Economics 29297, London School of Economics and Political Science, LSE Library.
- Buiter, Willem H., 2009. "Negative Nominal Interest Rates: Three ways to overcome the zero lower bound," CEPR Discussion Papers 7346, C.E.P.R. Discussion Papers.
- Willem Buiter, 2009. "Negative Nominal Interest Rates: Three ways to overcome the zero lower bound," FMG Discussion Papers dp636, Financial Markets Group.
- Willem H. Buiter, 2009. "Negative Nominal Interest Rates: Three ways to overcome the zero lower bound," NBER Working Papers 15118, National Bureau of Economic Research, Inc.
- Donze, Jocelyn & Dubec, Isabelle, 2006.
"The role of interchange fees in ATM networks,"
International Journal of Industrial Organization, Elsevier, vol. 24(1), pages 29-43, January.
- Jocelyn Donze & Isabelle Dubec, 2003. "The role of interchange fees in ATM networks," Industrial Organization 0311002, University Library of Munich, Germany.
- Kari Kemppainen, 2004. "Competition and regulation in European retail payment systems," Microeconomics 0404008, University Library of Munich, Germany.
- Wilko Bolt & Alexander F. Tieman, 2004.
"Skewed Pricing in Two-Sided Markets: An IO approach,"
DNB Working Papers
013, Netherlands Central Bank, Research Department.
- Wilko Bolt & Alexander F Tieman, 2005. "Skewed Pricing in Two-Sided Markets: An IO approach," Money Macro and Finance (MMF) Research Group Conference 2005 75, Money Macro and Finance Research Group.
- Kemppainen, Kari, 2003. "Competition and regulation in European retail payment systems," Research Discussion Papers 16/2003, Bank of Finland.
- Nicole Jonker, 2005. "Payment Instruments as Perceived by Consumers - a Public Survey," DNB Working Papers 053, Netherlands Central Bank, Research Department.
- Snellman, Heli, 2006. "Automated teller machine network market structure and cash usage," Scientific Monographs, Bank of Finland, number 2006_038.
- W. Bolt & A.F. Tieman, 2003.
"Pricing Debit Card Payments Services: An IO approach,"
WO Research Memoranda (discontinued)
735, Netherlands Central Bank, Research Department.
- Alexander F. Tieman & Wilko Bolt, 2003. "Pricing Debit Card Payment Services; An IO Approach," IMF Working Papers 2003/202, International Monetary Fund.
- Nicole Jonker, 2007. "Payment Instruments as Perceived by Consumers – Results from a Household Survey," De Economist, Springer, vol. 155(3), pages 271-303, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- W. Bolt & A.F. Tieman, 2003.
"Pricing Debit Card Payments Services: An IO approach,"
WO Research Memoranda (discontinued)
735, Netherlands Central Bank, Research Department.
- Alexander F. Tieman & Wilko Bolt, 2003. "Pricing Debit Card Payment Services; An IO Approach," IMF Working Papers 2003/202, International Monetary Fund.
- Kari Kemppainen, 2004. "Competition and regulation in European retail payment systems," Microeconomics 0404008, University Library of Munich, Germany.
- W. Bolt & A.F. Tieman, 2003.
"Pricing Debit Card Payments Services: An IO approach,"
WO Research Memoranda (discontinued)
735, Netherlands Central Bank, Research Department.
- Alexander F. Tieman & Wilko Bolt, 2003. "Pricing Debit Card Payment Services; An IO Approach," IMF Working Papers 03/202, International Monetary Fund.
- Wilko Bolt & Sujit Chakravorti, 2010. "Digitization of Retail Payment," DNB Working Papers 270, Netherlands Central Bank, Research Department.
- Chakravorti Sujit, 2003.
"Theory of Credit Card Networks: A Survey of the Literature,"
Review of Network Economics, De Gruyter, vol. 2(2), pages 1-19, June.
- Sujit Chakravorti, 2003. "Theory of credit card networks: a survey of the literature," Consumer Finance Institute discussion papers 03-09, Federal Reserve Bank of Philadelphia.
- Santiago Carbo-Valverde & Sujit Chakravorti & Francisco Rodriguez-Fernandez, 2009.
"Regulating two-sided markets: an empirical investigation,"
Working Paper Series
WP-09-11, Federal Reserve Bank of Chicago.
- Carbó-Valverde, Santiago & Chakravorti, Sujit & Rodríguez Fernández, Francisco, 2009. "Regulating two-sided markets: an empirical investigation," Working Paper Series 1137, European Central Bank.
- Snellman, Heli, 2006. "Automated teller machine network market structure and cash usage," Scientific Monographs, Bank of Finland, number 2006_038.
- Kemppainen, Kari, 2003. "Competition and regulation in European retail payment systems," Research Discussion Papers 16/2003, Bank of Finland.
- Zinman, Jonathan, 2009.
"Debit or credit?,"
Journal of Banking & Finance, Elsevier, vol. 33(2), pages 358-366, February.
- Jonathan Zinman, 2005. "Debit or credit?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston.
- Ardizzi, Guerino, 2013. "Card versus cash: empirical evidence of the impact of payment card interchange fees on end users’ choice of payment methods," MPRA Paper 48088, University Library of Munich, Germany, revised 25 May 2013.
- Wilko Bolt, 2012. "Retail Payment Systems: Competition, Innovation, and Implications," DNB Working Papers 362, Netherlands Central Bank, Research Department.
- ?zlem Bedre-Defolie & Emilio Calvano, 2013.
"Pricing Payment Cards,"
American Economic Journal: Microeconomics, American Economic Association, vol. 5(3), pages 206-231, August.
- Bedre-Defolie, Özlem & Calvano, Emilio, 2009. "Pricing payment cards," Working Paper Series 1139, European Central Bank.
- Özlem Bedre-Defolie & Emilio Calvano, 2010. "Pricing payment cards," ESMT Research Working Papers ESMT-10-005, ESMT European School of Management and Technology.
- Fumiko Hayashi, 2008. "The economics of payment card fee structure: what drives payment card rewards?," Research Working Paper RWP 08-07, Federal Reserve Bank of Kansas City.
- Marc Bourreau & Marianne Verdier, 2019.
"Interchange Fees and Innovation in Payment Systems,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 54(1), pages 129-158, February.
- Marc Bourreau & Marianne Verdier, 2019. "Interchange Fees and Innovation in Payment Systems," Post-Print hal-02085280, HAL.
- Dulleck Uwe & Friederiszick Hans W., 2004. "Die Großen Zwei – Wettbewerb im Kreditkartenmarkt? / The Big Two – How Competitive is the Market for Credit Cards," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 224(4), pages 445-470, August.
- Jonker Nicole, 2011.
"Card Acceptance and Surcharging: the Role of Costs and Competition,"
Review of Network Economics, De Gruyter, vol. 10(2), pages 1-35, June.
- Nicole Jonker, 2011. "Card acceptance and surcharging: the role of costs and competition," DNB Working Papers 300, Netherlands Central Bank, Research Department.
- Milne, Alistair, 2006.
"What is in it for us? Network effects and bank payment innovation,"
Journal of Banking & Finance, Elsevier, vol. 30(6), pages 1613-1630, June.
- Milne, Alistair, 2005. "What's in it for us? : network effects and bank payment innovation," Research Discussion Papers 16/2005, Bank of Finland.
- Wilko Bolt & David B. Humphrey, 2005. "Public Good Aspects of TARGET: Natural Monopoly, Scale Economies, and Cost Allocation," DNB Working Papers 036, Netherlands Central Bank, Research Department.
- Chakravorti Sujit & Roson Roberto, 2006.
"Platform Competition in Two-Sided Markets: The Case of Payment Networks,"
Review of Network Economics, De Gruyter, vol. 5(1), pages 1-25, March.
- Sujit Chakravorti & Roberto Roson, 2004. "Platform competition in two-sided markets: the case of payment networks," Working Paper Series WP-04-09, Federal Reserve Bank of Chicago.
- Verdier, Marianne, 2006. "Retail Payment Systems: What can we Learn from Two-Sided Markets?," MPRA Paper 2606, University Library of Munich, Germany.
More about this item
Keywords
retail payments; payment instruments; pricing; competition; network effects;All these keywords.
JEL classification:
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
NEP fields
This paper has been announced in the following NEP Reports:- NEP-NET-2003-10-05 (Network Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dnb:wormem:722. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Heuver). General contact details of provider: http://edirc.repec.org/data/dnbgvnl.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.