数字支付与银行竞争

IF 6.1 2区 经济学 Q1 BUSINESS, FINANCE
Marianne Verdier
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引用次数: 0

摘要

本文探讨了银行与数字 PSP 之间的竞争如何影响贷款利率和消费者对支付工具的使用。数字 PSP 提供数字钱包和支付服务,但不提供信贷。相比之下,银行将其存款投资于贷款活动,这意味着当消费者付款时,银行可能会产生一些调整流动性需求的成本。我的研究表明,采用数字钱包支付有时可能会增加银行存款转账的支付量和贷款利率。这是银行在消费者使用数字钱包支付时降低流动性成本与减少银行转账手续费收入之间权衡的结果。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Digital payments and bank competition

This article examines how competition between banks and a digital PSP impacts the lending rate and the consumers’ use of payment instruments. The digital PSP offers a digital wallet and payment services, but does not offer credit. In contrast, banks invest their deposits in lending activities, which implies that they may incur some costs of adjusting their liquidity needs when consumers make payments. I show that the adoption of the digital wallet for payments may sometimes increase the volume of payments by bank deposit transfers and the lending rate. This results from banks’ trade-off between lowering their costs of liquidity when consumers pay from their digital wallet and reducing the revenues they receive from bank transfer fees.

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来源期刊
CiteScore
7.70
自引率
9.30%
发文量
78
审稿时长
34 days
期刊介绍: The Journal of Financial Stability provides an international forum for rigorous theoretical and empirical macro and micro economic and financial analysis of the causes, management, resolution and preventions of financial crises, including banking, securities market, payments and currency crises. The primary focus is on applied research that would be useful in affecting public policy with respect to financial stability. Thus, the Journal seeks to promote interaction among researchers, policy-makers and practitioners to identify potential risks to financial stability and develop means for preventing, mitigating or managing these risks both within and across countries.
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