Results 221 to 230 of about 47,140 (260)

Welfare Analysis of Debit Card Interchange Fee Regulation [PDF]

open access: possibleRichmond Fed Economic Brief, 2013
Merchants pay interchange fees to card issuers when they accept credit or debit cards as payment. Many merchants have complained that the fees far exceed issuers' costs for processing such transactions. In response to those complaints, Congress directed the Federal Reserve to impose a cap on debit card interchange fees. The cap lowered interchange fees
Sablik, Timothy, Wang, Zhu
openaire  

Two-Sided Markets and Interchange Fees

2018
Gorka presents the theory of two-sided markets that create value (indirect network effect) by connecting two distinct groups of agents, e.g. card payers and card payees. This chapter characterises conditions defining two-sided markets and market failures which can arise there. It also deals with economics of interchange fees.
openaire   +1 more source

Interchange Fee Regulation – Step Forward Without Clear Outcome

The journal of American Academy of Business, Cambridge, 2013
All over the world, the card payment system constitutes an important part of the overall retail payment system. Although since its beginnings it has developed without regulatory price limitations, it seems that an increasing number of countries are now considering whether there is a need and justification for limiting at least some of them.
Stojanović, Alen, Leko, Vlado
openaire   +2 more sources

Regulating Interchange Fees for Card Payments

2016
The European retail payments market is fragmented. It used to consist of twenty-eight nationally operating payment markets served by national schemes, which were separated from each other by legal and technical barriers. With the unification of the European retail payments market, most of the legal and technical barriers between countries have been ...
openaire   +1 more source

Interchange Fee Reforms in Various Countries

2018
Gorka provides a global outlook on public authorities’ involvement in interchange fees and card payments in France, EU (competition cases), Mexico, Canada, Israel, India and China. Then, three country cases—Australia, USA and Spain—are studied in detail according to the framework from the previous chapter. Next, all of them are compared. Gorka assesses
openaire   +1 more source

The Drama of Interchange Fees

CPI Journal Apr-08(1), 2008
The main problem with the economics of card payments is that cash is used as its yardstick and cash payments, being the most socially inefficient means of payment, are made available at a price significantly below cost (often free of charge).
openaire   +1 more source

Double Internalization and Interchange Fee Bias

SSRN Electronic Journal, 2014
Carlotta Mariotto, Marianne Verdier
openaire   +1 more source

Credit and Debit Card Interchange Fees in Various Countries

Credit and Debit Card Interchange Fees in Various Countries, 2023
Fumiko Hayashi   +3 more
openaire   +1 more source

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