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Download Electronic purses in Euroland: Why do penetration and usage by Leo van Hove PDF

By Leo van Hove

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Extra info for Electronic purses in Euroland: Why do penetration and usage rates differ?

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I am not aware of any other scheme which puts more emphasis on U-POS – not even miniCASH in Luxembourg82. Usage figures for Chipknip in the Netherlands and for Quick in Austria confirm that vending machines and U-POS in general are popular applications. 4% their share in the total number of Chipknip transactions over the year 2002 was significantly larger. , 2002, p. 9% of the terminal park in June 2002 – and probably even less over 200184. 78 Proton World, CASH in Switzerland, case study, March 2003.

As a result, relations with vendors and service providers deteriorated (ECR, 2000a). 8)66. Finally, in Finland, when it comes to promoting Avant “different banks have been leading and lagging ... at different times”, according to Jyri Marviala of Automatia67. In the preceding Sections I have repeatedly stressed the importance of network externalities. According to the network externalities theory, what matters is the size of the network. For cardholders this means the number of terminals, for merchants it is the number of (active) cardholders.

And, once they have learned to use the GeldKarte, they will stick to it” (Card Technology, 2002, p. 8). 73 Source: De Nederlandsche Bank, Current developments in payments and securities transactions, Quarterly Bulletin, March 2003, p. 20. htm>). 75 Source: Interpay, Cashless parkeren stimuleert Chipknip-gebruik elders, Betaalwijzer, December 2002, p. 7. Importantly, the difference cannot be explained by developments on the acceptance side. , personal e-mail, February 10, 2003). 76 “Moneo fonctionne sur tous les horodateurs de Boulogne-Billancourt”, in Analyses & Synthèses, Portemonnaie électronique, Les Enquêtes d’Analyses & Synthèses, Nr.

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