Shopping without cash: the emergence of the e-purse

Carol L. Clark

Economic Perspectives, 2005, vol. 29, issue Q IV, 34-51

Abstract: This article finds that successful e-purse programs tend to have a captive audience that drives critical mass, such as those found in the transportation industry or government sector; an affordable cost structure relative to other payment instruments; compelling incentives for consumers and merchants; and technology that is well tested and addresses standards issues before rollout.

Keywords: Smart cards; Cash flow (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:2005:i:qiv:p:34-51:n:v.29no.4

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