How and why do consumers choose their payment methods?

Stacey Schreft

No RWP 06-04, Research Working Paper from Federal Reserve Bank of Kansas City

Abstract: This essay provides an overview of the literature on consumer payment behavior. It considers the state of our understanding of how and why consumers choose their payment methods and what is needed to make more headway in understanding consumer payment decisions. It closes by discussing the policy issues that require that we make progress with payments research.

Keywords: Consumers; Payment systems; Consumer behavior (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-cba
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.kansascityfed.org/documents/5357/pdf-RWP06-04.pdf (application/pdf)

Related works:
Journal Article: How and why do consumers choose their payment methods? (2005)
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:fip:fedkrw:rwp06-04

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Research Working Paper from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by Zach Kastens ().