Add to ORKGThe paper investigates, in a non-technical fashion, the economic determinants of interchange fees in payment card systems and the potential need for their regulation. Among other things, it demonstrates that the proposal for a cost-based regulation of interchange fees relies on an erroneous, vertically organized, model of the payment card industry.
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
This paper presents a model for the credit card industry, where oligopolistic card networks price th...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
The paper offers a roadmap to the current economic thinking concerning interchange fees. After descr...
This report focuses on the Visa and MasterCard card associations, which account for three-fourths of...
This paper analyses market competition between two different types of payment schemes: card associat...
Interchange fees and related issues in payment card markets have been the focus of considerable atte...
The role of payment cards in modern economies can hardly be underrated. In 2013, debit and credit ca...
The role of payment cards in modern economies can hardly be underrated. In 2013, debit and credit ca...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
This paper presents a model of a card payment system to address the pricing and rules that govern su...
The paper presents a model of competition between cash and cards, with the card scheme based on the ...
This paper presents a model for the credit card industry, where oligopolistic card networks price th...
This paper provides a new theory for two-sided payment card markets by positing better microfoundati...
This paper provides a theory of payment industry dynamics, in which we focus on the monetary nature ...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
This paper presents a model for the credit card industry, where oligopolistic card networks price th...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
The paper offers a roadmap to the current economic thinking concerning interchange fees. After descr...
This report focuses on the Visa and MasterCard card associations, which account for three-fourths of...
This paper analyses market competition between two different types of payment schemes: card associat...
Interchange fees and related issues in payment card markets have been the focus of considerable atte...
The role of payment cards in modern economies can hardly be underrated. In 2013, debit and credit ca...
The role of payment cards in modern economies can hardly be underrated. In 2013, debit and credit ca...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
This paper presents a model of a card payment system to address the pricing and rules that govern su...
The paper presents a model of competition between cash and cards, with the card scheme based on the ...
This paper presents a model for the credit card industry, where oligopolistic card networks price th...
This paper provides a new theory for two-sided payment card markets by positing better microfoundati...
This paper provides a theory of payment industry dynamics, in which we focus on the monetary nature ...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...
This paper presents a model for the credit card industry, where oligopolistic card networks price th...
Payment card networks, such as Visa, require merchants' banks to pay substantial "interchange" fees ...