Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10362/156176 |
Resumo: | This research report performs an efficiency analysis of the European digital payment system. Its characterization was performed considering the evolution from cash to digital payments and the inherent risks, drivers of change, and trends. A novel payment system efficiency index is proposed and computed, where efficiency is defined as an optimization of cost, speed, availability, security, and convenience. Comparing with other regions, the EU is generally as efficient as the average benchmark, outperforming in terms of security but underperforming in terms of convenience. Improving instant payments and implementing the Digital Euro will be crucial to overcome the existing efficiency barriers. |
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Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the systemPayment systemDigital paymentsEfficiency of paymentsEuropeDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis research report performs an efficiency analysis of the European digital payment system. Its characterization was performed considering the evolution from cash to digital payments and the inherent risks, drivers of change, and trends. A novel payment system efficiency index is proposed and computed, where efficiency is defined as an optimization of cost, speed, availability, security, and convenience. Comparing with other regions, the EU is generally as efficient as the average benchmark, outperforming in terms of security but underperforming in terms of convenience. Improving instant payments and implementing the Digital Euro will be crucial to overcome the existing efficiency barriers.Batista, CátiaRUNFerro, Manuel Fialho de Almeida Palma2023-08-02T13:49:02Z2023-01-132023-01-102023-01-13T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/156176TID:203311280enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:38:47Zoai:run.unl.pt:10362/156176Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:22.477948Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
title |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
spellingShingle |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system Ferro, Manuel Fialho de Almeida Palma Payment system Digital payments Efficiency of payments Europe Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
title_full |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
title_fullStr |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
title_full_unstemmed |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
title_sort |
Assessment of the efficiency of the european payment system - introducing cash relevance and risks of the system |
author |
Ferro, Manuel Fialho de Almeida Palma |
author_facet |
Ferro, Manuel Fialho de Almeida Palma |
author_role |
author |
dc.contributor.none.fl_str_mv |
Batista, Cátia RUN |
dc.contributor.author.fl_str_mv |
Ferro, Manuel Fialho de Almeida Palma |
dc.subject.por.fl_str_mv |
Payment system Digital payments Efficiency of payments Europe Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Payment system Digital payments Efficiency of payments Europe Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
This research report performs an efficiency analysis of the European digital payment system. Its characterization was performed considering the evolution from cash to digital payments and the inherent risks, drivers of change, and trends. A novel payment system efficiency index is proposed and computed, where efficiency is defined as an optimization of cost, speed, availability, security, and convenience. Comparing with other regions, the EU is generally as efficient as the average benchmark, outperforming in terms of security but underperforming in terms of convenience. Improving instant payments and implementing the Digital Euro will be crucial to overcome the existing efficiency barriers. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-08-02T13:49:02Z 2023-01-13 2023-01-10 2023-01-13T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10362/156176 TID:203311280 |
url |
http://hdl.handle.net/10362/156176 |
identifier_str_mv |
TID:203311280 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799138149201346560 |