How long does it take you to pay? : a duration study of Canadian retail transaction payment times / by Geneviève Vallée.: FB3-5/2018-46E-PDF

"Using an exclusive data set of payment times for retail transactions made in Canada, I show that cash is the most time-efficient method of payment (MOP) when compared with payments by debit and credit cards. The efficiency of cash helps explain its continued use in Canada, which is motivated by its low cost in terms of payment time for consumers and merchants"--Abstract, p. ii.

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Publication information
Department/Agency Bank of Canada.
Title How long does it take you to pay? : a duration study of Canadian retail transaction payment times / by Geneviève Vallée.
Variant title Duration study of Canadian retail transaction payment times
Series title Bank of Canada staff working paper, 1701-9397 ; 2018-46
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "September 2018."
Includes bibliographical references (p. 16-18).
Includes abstract in French.
Publishing information [Ottawa] : Bank of Canada, 2018.
Author / Contributor Vallée, Geneviève.
Description iii, 28 p. : col. charts.
Catalogue number
  • FB3-5/2018-46E-PDF
Subject terms Retail trade
Payment
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