Angelika Welte - Latest

• The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Sampling

  Technical report No. 108 Angelika Welte

  In 2015, the Bank of Canada undertook the large-scale Retailer Survey on the Cost of Payment Methods.

  Content Type(s): Staff research, Technical reports JEL Code(s): C, C8, C81, C83 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Money and payments, Retail payments

• The Costs of Point-of-Sale Payments in Canada

  Staff discussion paper 2017-4 Anneke Kosse, Heng Chen, Marie-Hélène Felt, Valéry Dongmo Jiongo, Kerry Nield, Angelika Welte

  Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.

  Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D1, D12, D2, D23, D24, E, E4, E41, E42, G, G2, G21, L, L2 Research Theme(s): Money and payments, Cash and bank notes, Retail payments

• Adoption Costs of Financial Innovation: Evidence from Italian ATM Cards

  Staff working paper 2017-8 Kim Huynh, Philipp Schmidt-Dengler, Gregor W. Smith, Angelika Welte

  The discrete choice to adopt a financial innovation affects a household’s exposure to inflation and transactions costs. We model this adoption decision as being subject to an unobserved cost.

  Content Type(s): Staff research, Staff working papers JEL Code(s): C, C3, C35, D, D1, D14, E, E4, E41 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Money and payments, Cash and bank notes, Digital assets and fintech

• Wait a Minute: The Efficacy of Discounting versus Non-Pecuniary Payment Steering

  Staff working paper 2016-8 Angelika Welte

  Merchants who accept credit cards face payment processing fees. In most countries, the no-surcharge rule prohibits them from using surcharges to pass these fees on to customers.

  Content Type(s): Staff research, Staff working papers JEL Code(s): D, D1, D12, E, E5, E58, G, G2, G28 Research Theme(s): Financial markets and funds management, Market structure, Money and payments, Retail payments