Using a survey of 5,504 respondents from 22 European countries, we examine preferences
regarding cash and cashless payments at the point of sale (POS) during the COVID-19 …

This paper surveys the economics literature on payment cards, focusing on the role of
interchange fees, merchant internalization, surcharging and two-sided markets. The paper …

This article surveys the recent theoretical literature on payment cards (focusing on debit and
credit cards) and studies this research's possible implications for the current public policy …

Debit card use at the point of sale has grown dramatically in recent years in the United
States and now exceeds the number of credit card transactions. However, many questions …

This paper presents a model of a card payment system as a two‐sided market that allows for
partial participation by heterogeneous consumers and merchants. Taking into account the …

In this article, we construct a model to study competing payment networks, where networks
offer differentiated products in terms of benefits to consumers and merchants. We study …

This second edition of The Industrial Organization explores the study of the structure of
individual banks, banking markets, and their interactions. The book has the same two key …

There has been considerable public debate over the effect of interchange fees on credit card
transactions. Regulators in Australia and Europe have argued that these fees can be set by …

Using unique data consisting of more than 16.3 million sales transactions provided by a
leading European fashion e-commerce company, this study evaluates several payment …

Focusing on consumer debt, this work presents research relating to policy debates on such
topics as privacy rules, the regulation of contractual responsibilities, financial stability and …