The optimal design of a central bank digital currency (CBDC) is analyzed in an environment
where agents sort into cash, CBDC, and bank deposits according to their preferences over …

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 …

How does the improved convenience of electronic payments affect consumer payment
choice and cash demand? We study the staggered, quasi-random introduction of …

Due to the rapid diffusion of social mobile payment (SMP), the current research explores the
post-adoption behavior of SMP users. It proposes a research model to determine the core …

In this paper, we study how potential characteristics of the new payment instrument may
affect consumer adoption and usage decisions at the point of sale. We do this by developing …

Payment transformation has generated a shift from paper to cards and electronic payments
in the United States, but there is also a large degree of heterogeneity among consumers in …

This study estimates the effect of financial innovations on the frequency of cashless
payments by cardholders in the Russian retail payments market. Using a representative …

Disruptive innovations in digital payments are happening in a large number of countries
around the world. In this paper, we investigate how merchants' acceptance of a contactless …

Increased use of e-wallets in Indonesia has resulted in high competition among providers.
Hence, companies must act to retain customers and impose continuous utilization of their …

Very little is known about payment choices in the African context and in developing countries
in general. Their unique infrastructures and economic nuances suggest that both the …