Paying with Plastic The Digital Revolution in Buying and Borrowing

Author/creator Evans, David Author
Other author Schmalensee, Richard Author
Format Electronic
Publication InfoCambridge : MIT Press
Description348 p. ill 23.500 x 015.800 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Supplemental ContentFull text available from eBooks on EBSCOhost
Subjects

Summary Annotation Since Diners Club issued its first charge cards in 1950, payment cards -- credit, debit, and charge cards -- have revolutionized how and whenwe pay for goods and services. In Paying with Plastic, David Evans and Richard Schmalensee provide a nontechnical distillation of their years of research on the economic, technological, and institutional forces that have shaped the payment card industry. They show how competition works in an industry that does not neatly fit any of the standard economic models. They describe how the payment card companies such as MasterCard and Visa have developed complex systems for coordinating transactions among their thousands of bank members and millions of cardholders and accepting merchants. Evans and Schmalensee also describe recent developments in the industry and consider its likely evolution.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 99023902
ISBN9780262050623
ISBN0262050625 (Trade Cloth) Out of Print
Standard identifier# 9780262050623
Stock number00015994