A Note On The Price And Cost Structure Of Retail Payment Services In The Swedish Banking Sector 2002
DOWNLOAD
Download A Note On The Price And Cost Structure Of Retail Payment Services In The Swedish Banking Sector 2002 PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get A Note On The Price And Cost Structure Of Retail Payment Services In The Swedish Banking Sector 2002 book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
A Note On The Price And Cost Structure Of Retail Payment Services In The Swedish Banking Sector 2002
DOWNLOAD
Author : Gabriela Guibourg
language : en
Publisher:
Release Date : 2006
A Note On The Price And Cost Structure Of Retail Payment Services In The Swedish Banking Sector 2002 written by Gabriela Guibourg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
We estimate private costs in the Swedish banking sector for the production of payment services and investigate to what extent the price structure reflects the estimated cost structure. We find that (i) banks tend to use two-part tariffs, but (ii) variable costs are poorly reflected in transaction fees towards both consumers and corporate customers. (iii) There exist large cross subsidies between different payment services, foremost from acquiring card payments to cash distribution to the public, while payment services as a whole is not subsidized.
Do Prices Reflect Costs
DOWNLOAD
Author : Gabriela Guibourg
language : en
Publisher:
Release Date : 2004
Do Prices Reflect Costs written by Gabriela Guibourg and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
Understanding The Federal Reserve S Proposed Rule On Interchange Fees
DOWNLOAD
Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
language : en
Publisher:
Release Date : 2011
Understanding The Federal Reserve S Proposed Rule On Interchange Fees written by United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
Building A Cashless Society
DOWNLOAD
Author : Niklas Arvidsson
language : en
Publisher: Springer
Release Date : 2019-02-22
Building A Cashless Society written by Niklas Arvidsson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-22 with Business & Economics categories.
This open access book tells the story of how Sweden is becoming a virtually cashless society. Its goal is to improve readers’ understanding of what is driving this transition, and of the factors that are fostering and hampering it. In doing so, the book covers the role of central banks, political factors, needs for innovation, and the stakeholders involved in developing a cashless ecosystem. Adopting a historical standpoint, and drawing on a unique dataset, it presents an academic perspective on Sweden’s leading role in this global trend. The global interest in the future of cash payments makes the Swedish case particularly interesting. As a country that is close to becoming a cashless economy, it offers a role model for many other countries to learn from - whether they want to stimulate or reduce the use of cash. This highly topical book will be of interest to politicians, researchers, businesses, financial service providers and payment service providers, as well as fintech start-ups, regulators and other authorities.
Cost Recovery And Pricing Of Payment Services
DOWNLOAD
Author : David B. Humphrey
language : en
Publisher: World Bank Publications
Release Date : 1997
Cost Recovery And Pricing Of Payment Services written by David B. Humphrey and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Banks and banking categories.
Payment And Settlement Systems In Selected Countries
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2003
Payment And Settlement Systems In Selected Countries written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Banks and banking categories.
Business Periodicals Index
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 2007
Business Periodicals Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business categories.
Pricing Debit Card Payment Services
DOWNLOAD
Author : Wilko Bolt
language : en
Publisher: International Monetary Fund
Release Date : 2003-10
Pricing Debit Card Payment Services written by Wilko Bolt and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10 with Business & Economics categories.
This paper presents a theoretical framework for analyzing pricing structures in debit card schemes featuring cardholders, retailers, their respective banks, and a network routing switch. The network routing switch controls the electronic debit card network and is jointly owned by the banks. In setting its prices, it needs to consider getting both consumers and retailers to participate in the market. In this two-sided market for debit cards, we show that the "double-monopolistic" network routing switch may want to supply consumers with cheap debit cards, deriving profits from charging a high retailer fee per transaction. This theoretic result resembles the current practice in the Netherlands where consumers pay no transaction fee, but retailers do. This corner solution carries over when we analyze socially optimal pricing.
Cost Recovery And Pricing Of Payment Services
DOWNLOAD
Author : B. David Humphrey
language : en
Publisher:
Release Date : 1999
Cost Recovery And Pricing Of Payment Services written by B. David Humphrey and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
October 1997 The cost of providing payment services is substantial- 3 percent of GDP. Cost reduction requires the appropriate pricing of those services. A modern payment system is essential for promoting domestic and international trade and exchange as well as developing financial markets. Payment users will be directed toward the most efficient payment methods when the costs of producing those services are reflected in the prices paid. Resources are being wasted in the United States because consumers see no important difference in transaction prices or bank costs between using a check or using electronic direct debit in paying a bill, even though the social costs of these two instruments are different. Electronic payments cost only a third to half as much as paper-based payments. An estimated $100 billion (or 1.5 percent of GDP) is being lost by the continued use of paper-based checks. When payment instruments are not appropriately priced, the costs must be covered elsewhere. One common solution is to let loan revenues cover part of payment expenses (keeping loan rates higher to compensate). When prices reflect the full cost of producing the service, users demand the services that use the fewest real resources. Humphrey, Keppler, and Montes-Negret give examples of payment prices and price schedules and show how underlying cost data are used to build up to a price. They outline how payment services may best be structured to: * Appropriately reflect economies of scale or scope in the production of payment services. * Adjust cost recovery percentages to accommodate how much demand conditions associated with start-up differ from those associated with mature operation. (During a new system's early years of operation, the transaction volume may be low and some form of underrecovery of costs may be required to encourage use of the system. But any such underrecovery must be built into future pricing arrangements once the systems are established and traffic volumes are at a level where full cost recovery is practical. To ensure fairness, the pricing structure must also guarantee that latecomers to the system do not get more favorable treatment than the initial user group.) * Induce efficient use of scarce resources. They note the economic principles that recommend certain pricing methods over others and apply equally to payment services provided by the private sector or through a government agency. They show why costs should be recovered through user transaction fees. This paper- product of the Financial Sector Development Department- part of a larger effort in the department to promote the development of financial sector infrastructure to support banking and capital market activities.
The Payment System
DOWNLOAD
Author : Tom Kokkola
language : en
Publisher:
Release Date : 2010
The Payment System written by Tom Kokkola and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Banks and banking, Central categories.
"This book is designed to provide the reader with an insight into the main concepts involved in the handling of payments, securities and derivatives and the organisation and functioning of the market infrastructure concerned. Emphasis is placed on the general principles governing the functioning of the relevant systems and processes and the presentation of the underlying economic, business, legal, institutional, organisational and policy issues. The book is aimed at decision-makers, practitioners, lawyers and academics wishing to acquire a deeper understanding of market infrastructure issues. It should also prove useful for students with an interest in monetary and financial issues."--Introduction (Pg. 20, para 8).