EconPapers    
Economics at your fingertips  
 

The evolution of a mobile payment solution network

Kjersti Aas and Hanne Rognebakke

Network Science, 2019, vol. 7, issue 3, 422-437

Abstract: Vipps is a peer-to-peer mobile payment solution launched by Norway’s largest financial services group DNB. The Vipps transaction data may be viewed as a graph with users corresponding to the nodes, and the financial transactions between the users defining the edges. We have followed the evolution of this graph from May 2015 to September 2016. This is a unique data set, as information about transactions of individuals is usually not available for research. In this paper, we use an advanced statistical model where preferential attachment is combined with fitness. We show that the intrinsic quality of the nodes in the Vipps network plays an important part in the evolution of the network. This insight may, e.g., be used to identify influential nodes for viral marketing.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

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:cup:netsci:v:7:y:2019:i:03:p:422-437_00

Access Statistics for this article

More articles in Network Science from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().

 
Page updated 2025-03-19
Handle: RePEc:cup:netsci:v:7:y:2019:i:03:p:422-437_00