Arbeitspapier

How many cards do you use?

This paper investigates how buyers allocate their spending among debit, credit, and prepaid cards. Using the 2012 Diary of Consumer Payment Choice, I show that consumers tend to concentrate the majority of their transactions and a large value of their transactions on a single type of card. The paper also investigates whether buyers concentrate their spending on one of the card networks, a behavior known as "single-homing."

Language
Englisch

Bibliographic citation
Series: Working Papers ; No. 13-13

Classification
Wirtschaft
Household Saving; Personal Finance
Subject
payment card use
choice of payment cards
multi-homing
single-homing

Event
Geistige Schöpfung
(who)
Shy, Oz
Event
Veröffentlichung
(who)
Federal Reserve Bank of Boston
(where)
Boston, MA
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Shy, Oz
  • Federal Reserve Bank of Boston

Time of origin

  • 2013

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