Template-Type: ReDIF-Article 1.0
Author-Name: Morten Linnemann Bech
Author-Name: Jenny Hancock
Title: Innovations in payments
Abstract: Technological innovation is transforming payments. Domestic payments are increasingly convenient, instantaneous and available 24/7. However, shortcomings in access to payments and cross-border payments remain. Lack of access to payments is a problem in some emerging market and developing economies. Improving cross-border payments will require international coordination. Initiatives to improve cross-border payments would benefit from better data to quantify both the extent and the drivers of the problems.
Journal: BIS Quarterly Review
File-URL: http://www.bis.org/publ/qtrpdf/r_qt2003f.pdf
File-Format: Application/pdf
File-URL: http://www.bis.org/publ/qtrpdf/r_qt2003f.htm
File-Format: text/html
Year: 2020
Month: March
Classification-JEL: E42
Handle: RePEc:bis:bisqtr:2003f