Hasan, Iftekhar
[VerfasserIn]
;
Martikainen, Emmi
[Sonstige Person, Familie und Körperschaft];
Takalo, Tuomas
[Sonstige Person, Familie und Körperschaft]
Anmerkungen:
In: Journal of Payments Strategy & Systems, Volume 8 (2014-2015) Number 4 - Special issue on the future of retail payments in Europe
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 28, 2014 erstellt
Beschreibung:
In this article we first document the evidence showing how an efficient retail payment infrastructure enhances economic performance. We then review the policy tools available to promote efficient retail payments in Europe. We argue that while SEPA is an important policy initiative that harmonizes payment methods across the EU, it alone is not enough. Vigorous competition and consumer protection policies as well as direct interventions discouraging large value cash payments would be particularly attractive policy tools as they would put no strain on stretched government budgets