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Instant payments, a new opportunity for cash reduction in the Italian retail market

Author

Listed:
  • Lucia Leonelli

    (Università di Roma Tor Vergata)

Abstract

The introduction of Instant payments based on the Sepa Credit Transfer is an innovative element for the Italian retail payment services market. Thanks to regulatory measures that promote the distribution of payment accounts and make the payment services market more transparent, secure and competitive, Instant bank transfers can offer an interesting tool to reduce the use of cash, even for small payments

Suggested Citation

  • Lucia Leonelli, 2018. "Instant payments, a new opportunity for cash reduction in the Italian retail market," BANCARIA, Bancaria Editrice, vol. 3, pages 72-85, March.
    • Handle: RePEc:ban:bancar:v:3:y:2018:m:march:p:72-85
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    File URL: http://www.bancaria.it/en/instant-payments-a-new-opportunity-for-cash-reduction-in-the-italian-retail-market
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    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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