Electronic money and payments: Recent developments and issues

Arbeitspapier

The authors review recent developments in retail payments in Canada and elsewhere, with a focus on e-money products, and assess their potential public policy implications. In particular, they study how these developments will affect the demand for bank notes, and the central bank's balance sheet and its seigniorage revenue, which as a result might affect the central bank's ability to implement and conduct monetary policy and to promote financial stability. Other public policy issues, such as safety and efficiency, and user protection as well as legal, security and law enforcement, are also considered. While the demise of cash is not imminent, it is important for the central bank to continue to evaluate its potential roles with regard to e-money.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Bank of Canada Discussion Paper ; No. 2014-2

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Demand for Money ; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
• Thema: Banknotes ; E-money ; Financial services ; Payment clearing and settlement systems ; Billets de banque ; Monnaie électronique ; Services financiers ; Systèmes de compensation et de règlement des paiements

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Fung, Ben ; Molico, Miguel ; Stuber, Gerald
• Ereignis: Veröffentlichung
• (wer): Bank of Canada
• (wo): Ottawa
• (wann): 2014

Weitere Informationen

• DOI: doi:10.34989/sdp-2014-2
• Handle: http://hdl.handle.net/10419/129678
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ