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Cash payments evolution in Italy

Author

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  • Roberto Rinaldi

    (Banca d’Italia)

Abstract

In the new context of retail payments in the Euro area and in Italy, which will be the role of cash? Cash has a high «social» cost not perceived by users but it can be advantageous for low-value retail transactions. The threshold of this advantage is progressively reduced by the development of alternative and innovative payment instruments. Consumers will determine the role of cash and other means of payment, on the basis of their relative convenience. On the supply side, Authorities will ensure competitive prices and a transparent and integrated market

Suggested Citation

  • Roberto Rinaldi, 2017. "Cash payments evolution in Italy," BANCARIA, Bancaria Editrice, vol. 11, pages 20-29, November.
    • Handle: RePEc:ban:bancar:v:11:y:2017:m:november:p:20-29
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    File URL: http://www.bancaria.it/en/cash-payments-evolution-in-italy
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    Cited by:

    1. Emanuele Borgonovo & Stefano Caselli & Alessandra Cillo & Donato Masciandaro, 2018. "Between Cash, Deposit And Bitcoin: Would We Like A Central Bank Digital Currency? Money Demand And Experimental Economics," BAFFI CAREFIN Working Papers 1875, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.

    More about this item

    JEL classification:

    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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