European payment systems and monetary union

Francisco José Callado Muñoz () and Natalia Utrero González ()
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Francisco José Callado Muñoz: Departament d'Economia (Department of Economics) Facultat de Ciències Econòmiques i Empresarials (Faculty of Economics and Management) Universitat de Girona, Postal: Campus Montilivi s/n, 17071 Girona, Spain, http://www.udg.edu/depec/
Natalia Utrero González: Departament d'Economia (Department of Economics) Facultat de Ciències Econòmiques i Empresarials (Faculty of Economics and Management) Universitat de Girona, Postal: Campus Montilivi s/n, 17071 Girona, Spain, http://www.udg.edu/depec/
Authors registered in the RePEc Author Service: Natalia Utrero-González and Francisco José Callado-Muñoz

Journal of Financial Transformation, 2004, vol. 12, 85-92

Abstract: We make a comparative study of payment systems for E.U. fifteen countries for the 1996-2002 period. Special attention is paid to the introduction of the new European single currency. The overall trend in payments is for a move from cash to non-cash payment instruments, although electronic instruments are not widely used yet. We find a significant impact from the introduction of the new banknotes and coins on card use.

Keywords: Payment Systems; European Union; Monetary Union; Cash; Cards (search for similar items in EconPapers)
JEL-codes: E41 E42 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:0928

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