Results 251 to 260 of about 406,367 (283)

Optimal card payment systems

European Economic Review, 2001
Abstract This paper presents a model of a card payment system to address the pricing and rules that govern such systems. It evaluates the social optimality of privately set interchange fees and the adoption of a rule by payment systems to prevent merchants surcharging for card transactions using two extremes of merchant pricing—monopolistic pricing ...
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Electronic payments using payment cards [PDF]

, 2009
A method of making a payment uses a mobile communication device (1) and a payment card (2), both the mobile communication device (1) and the payment card (2) being provided with a respective near field communication unit (11, 21) and at least the mobile communication device (1) being provided with an input unit (12) for inputting data.
Waaij, B.D. van der, Siljee, B.I.J., Broekhuijsen, B.J., Ponsioen, C., Maas, A., Aten, R.M., Hoepman, J.H., Loon, J.H. van, Smit, M.   +8 more
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17. Payment cards

2017
This chapter focuses on the use of payment cards in commercial transactions. Contactless cards are becoming increasing popular and account for 49 per cent of all cards in issue. Contactless payment is made through the tap of a card on (or by waiving it over) a reader, without requiring a personal identification number or signature.
MA Clarke, RJA Hooley, RJC Munday, LS Sealy, AM Tettenborn, PG Turner   +5 more
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Determinants of card payments

Applied Economics, 2015
ABSTRACTAlthough the development of the card payment system allows for lowering the costs of money circulation and thereby leads to significant economic gains, relatively small amount of research has been dedicated to the analysis of the determinants of this development.
Łukasz Goczek, Bartosz Witkowski
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Authorizing Card Payments with PINs

Computer, 2008
Chip and PIN technology was introduced as a means of decreasing payment-card fraud. However, according to results of a two-phase experiment, the technology makes it easier for thieves to obtain PINs and more difficult for customers to defend against counterfeiting.
Vaclav Matyas, Jan Krhovjak, Marek Kumpost, Dan Cvrcek   +3 more
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Credit Card Minimum Payment Restrictions

We study a government policy that restricts repayment choices with the aim of reducing credit card debt. The policy requires the minimum payment on credit card balances in Quebec to be at least 2% of the statement balance for cards opened before August 2019 and at least 5% for cards opened after August 2019. The rest of Canada is unaffected.
Allen, Jason, Boutros, Michael, Guttman-Kenney, Benedict   +2 more
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The Economics of Payment Cards

SSRN Electronic Journal, 2012
AbstractThis paper surveys the economics literature on payment cards, focusing on the role of interchange fees, merchant internalization, surcharging and two-sided markets. The paper aims to integrate a wide range of theoretical papers with the relevant empirical research and important policy questions.
Marc Rysman, Julian Wright
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Organised cybercrime and payment cards

Card Technology Today, 2009
Today's cybercrime is a fast-expanding, global industry, operating in a major shadow economy that closely mimics the real business world, including profit-driven organised cybercrime. For the cards world, its impact is being felt by firms holding customer's credit and debit card details.
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PAYMENT CARD AND METHOD FOR CONDUCTING TRANSACTIONS USING A PAYMENT CARD

2002
The invention relates to a payment card (1) for conducting electronic money transactions provided in the form of a flat object, which carries an identification code (8) of an access authorization for a prepaid amount of money, and the identifications code (8) is concealed by a label.
LOGO HARDWARE & INTERNET SERVI, HEINIG HEIKO   +1 more
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Optimal Payment Cards Fees [PDF]

, 2007
Credit card rebates, which are paid to all credit card users regardless of borrowing, have grown substantially. This paper analyzes this phenomenon by comparing the socially and privately optimal interchange fees in debit and credit cards. Compared to debit cards, credit cards raise efficiency by allowing convenient borrowing, but also tax nonholders ...
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