New Innovations in Payments
Working Paper 22358
DOI 10.3386/w22358
Issue Date
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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Copy CitationMarc Rysman and Scott Schuh, "New Innovations in Payments," NBER Working Paper 22358 (2016), https://doi.org/10.3386/w22358.
Published Versions
New Innovations in Payments, Marc Rysman, Scott Schuh. in Innovation Policy and the Economy, Volume 17, Greenstein, Lerner, and Stern. 2017