Payment instrument choice: the case of prepaid cards

Sujit Chakravorti and Victor Lubasi

Economic Perspectives, 2006, vol. 30, issue Q II, 29-43

Abstract: The costs and benefits to payment system participants can differ depending on which payment mechanism is used. The authors specifically explore the costs and benefits of prepaid card applications versus other payment instruments, such as cash, checks, and debit cards, for certain payment segments, including gift, payroll, and employer-initiated and government benefit programs.

Keywords: Payment; systems (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (12)

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