التفاصيل البيبلوغرافية
| العنوان: |
The design and adoption of fast payments. |
| المؤلفون: |
Aurazo, José1 (AUTHOR), Franco, Cecilia1 (AUTHOR), Frost, Jon1 (AUTHOR), Koo Wilkens, Priscilla1 (AUTHOR), Kosse, Anneke1 (AUTHOR), Shreeti, Vatsala1 (AUTHOR), Velásquez, Carolina2 (AUTHOR) |
| المصدر: |
Journal of Payments Strategy & Systems. Winter2024, Vol. 18 Issue 4, p366-380. 15p. |
| مصطلحات موضوعية: |
*FINANCIAL inclusion, *ELECTRONIC funds transfers, *PAYMENT systems, *PUBLIC sector, DIGITAL technology |
| مستخلص: |
The payments landscape is evolving rapidly, and fast payment systems (FPS) have emerged globally as a key innovation. Jurisdictions differ in their approach to designing FPS and in user adoption. In this paper we lay out the main design features of FPS that may foster adoption based on a novel qualitative and quantitative dataset of FPS in 13 jurisdictions. Cross-country regressions suggest that adoption of fast payments is greater when there are more use cases, more cross-border connections, when non-banks can participate in the FPS and when the public sector plays an active role in the FPS. In addition, we find that implementing an FPS improves financial inclusion, beyond payments. [ABSTRACT FROM AUTHOR] |
|
Copyright of Journal of Payments Strategy & Systems is the property of Henry Stewart Publications LLP and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Business Source Index |