NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

New Innovations in Payments

Marc Rysman, Scott Schuh

Chapter in NBER book Innovation Policy and the Economy, Volume 17 (2017), Shane Greenstein, Josh Lerner, and Scott Stern, editors (p. 27 - 48)
Conference held April 12, 2016
Published in February 2017 by University of Chicago Press
© 2017 by the National Bureau of Economic Research
in NBER Book Series Innovation Policy and the Economy

We discuss prospects for innovation in consumer payment instruments. We discuss recent research into consumer payments and what can be learned about consumer behavior towards new payment options. We consider three new innovations in payments: mobile payments, faster payments and digital currencies. For each, we describe prospects and impediments to adoption.

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Document Object Identifier (DOI): 10.1086/688843

This chapter first appeared as NBER working paper w22358, New Innovations in Payments, Marc Rysman, Scott Schuh
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