The market for electronic cash cards

O Shy, J Tarkka - Journal of Money, Credit and Banking, 2002 - JSTOR
O Shy, J Tarkka
Journal of Money, Credit and Banking, 2002JSTOR
We develop a theoretical framework aimed to model the pricing of electronic cash cards and
the market domain in which these cards will be used in an environment where charge cards
and currency (the legal tender) are competing payment media. We also investigate whether
the adoption of the various payment media generates an underutilization or overutilization of
the electronic cash cards relative to currency.
We develop a theoretical framework aimed to model the pricing of electronic cash cards and the market domain in which these cards will be used in an environment where charge cards and currency (the legal tender) are competing payment media. We also investigate whether the adoption of the various payment media generates an underutilization or overutilization of the electronic cash cards relative to currency.
JSTOR
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