Who Pays for Payments?
收藏NBER2026-04-01 更新2026-04-18 收录
下载链接:
https://www.nber.org/papers/w35067
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资源简介:
We use novel data on the composition and cost of payments across U.S. merchants to quantify consumer redistribution in the payment system. Cards charge interchange fees to merchants to fund consumer rewards. When merchants raise prices for all consumers in response to these costs, users of low-cost
提供机构:
美国国家经济研究局
创建时间:
2026-04-01



