Interchange fees in card payments

Ann Börestam and Heiko Schmiedel

Journal of Payments Strategy & Systems, 2012, vol. 6, issue 1, 50-66

Abstract: The present paper explores issues surrounding multilateral interchange fees (MIFs) in payment card markets from various angles. A constructive dialogue among the stakeholders involved is key in this debate. Transparency and clarity with respect to the real costs and benefits of different payment instruments are indispensable for a modern and harmonised European retail payments market. Interchange fees (if any) should be set at a reasonable level so as to promote overall economic efficiency in compliance with competition rules.JEL code: G21, D43, L13.

Keywords: card payments; retail payment systems; two-sided markets; interchange fees (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/1772/download/ (application/pdf)
https://hstalks.com/article/1772/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jpss00:y:2012:v:6:i:1:p:50-66

Access Statistics for this article

More articles in Journal of Payments Strategy & Systems from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().