Pin money

Mike Wilkinson

No 373402, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: Despite being served by banks that are mainly Australian-owned, New Zealanders use their EFTPOS cards as payment instruments much more frequently than Australians do. New Zealand's EFTPOS system - along with Norway's BankAxept - is one of the most well used globally. What is it about this payment instrument that makes New Zealanders so keen on it? Mike Wilkinson investigates a trans-Tasman tale of payments innovation that explains why.

Date: 2011-11-01
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https://ojs.victoria.ac.nz/crt/article/view/3734

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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:373402

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