Download Paying With Plasti...

David S. Evans

Format: Print Length

Language: English

Pages: 388

Publisher: The MIT Press; 2 edition (January 1, 2005)


Format: PDF / Kindle / ePub

Size: 5 MB

Downloadable formats: PDF

The money card enterprise has advanced from its inception within the Fifties so that it will deal with check for expense-account lunches (the Diners membership card) into modern day advanced, sprawling that drives trillions of bucks in transaction quantity every year. Paying with Plastic is the definitive resource on an that has revolutionized the best way we borrow and spend. greater than a background publication, Paying with Plastic offers an wonderful dialogue of the influence of an that epitomizes the suggestion of two-sided markets: these within which or extra buyer teams obtain price provided that each side are actively engaged. New to this moment variation, the two-sided industry dialogue presents important perception into the consequences of those marketplace dynamics for cardholder rewards, service provider interchange charges, and card popularity. The authors, either one of whom have researched the for greater than 25 years, additionally study the results of the hot antitrust circumstances at the in addition to different enterprise and technological adjustments -- together with the big consolidation caused by means of financial institution mergers, the increase of the debit card, and the emergence of e-commerce -- which can regulate the money card dramatically within the years yet to come.

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