000
| 01909cam 2200313za 4500 |
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001 | 9.851090 |
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003 | CaOODSP |
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005 | 20221107154318 |
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007 | cr ||||||||||| |
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008 | 180205s2018 oncd #ob f000 0 eng d |
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040 | |aCaOODSP|beng |
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041 | |aeng|bfre |
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043 | |an-cn--- |
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086 | 1 |aFB3-7/2018-1E-PDF |
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245 | 00|aMerchant acceptance of cash and credit cards at the point of sale |h[electronic resource] / |cby Ben Fung ... [et al.]. |
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260 | |aOttawa : |bBank of Canada, |c2018. |
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300 | |aii, 20 p. : |bgraphs |
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490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-1 |
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500 | |aTitle from cover. |
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504 | |aIncludes bibliographical references. |
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520 | |a"Recent data show that the use of credit cards in Canada has been increasing, while the use of cash has been declining. At the same time, only two-thirds of small or medium-sized businesses accept credit cards. To better understand future development of this trend, it is important to study whether a change in merchant fees will increase credit card acceptance and will thus further reduce cash use. In this note, we calculate the level of the merchant fee where a merchant would be indifferent to accepting a credit card or cash payment, using the merchant indifference test. We find that the results are sensitive to the underlying assumptions. Furthermore, we discuss several main issues of applying such a methodology to Canada"--Abstract, p. ii. |
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546 | |aText in English, abstract in English and French. |
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692 | 07|2gccst|aEconomic indicators |
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692 | 07|2gccst|aFinancial management |
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692 | 07|2gccst|aCredit |
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700 | 1 |aFung, Ben S. C. |
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710 | 2 |aBank of Canada. |
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830 | #0|aStaff analytical note,|x2369-9639 ; |v2018-1.|w(CaOODSP)9.807323 |
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856 | 40|qPDF|s621 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-1-eng.pdf |
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