
handle: 10419/211821
We develop a theoretical framework aimed to model the pricing of electronic cash cards and the market domain in which these cards will be used in an environment where charge cards and currency (the legal tender) are competing payment media. We also investigate whether the adoption of the various payment media generates an underutilization or overutilization of the electronic cash cards relative to currency.
Displacement of currency, Smart Cards, ddc:330, electronic money; smart cards; displacement of currency, Electronic Money, jel: jel:E40, jel: jel:G20
Displacement of currency, Smart Cards, ddc:330, electronic money; smart cards; displacement of currency, Electronic Money, jel: jel:E40, jel: jel:G20
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