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Paying With Plastic: The Digital Revolution in Buying and Borrowing

David S. Evans, Richard Schmalensee




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 | #2332114 in Books |  1999-11 | Original language:English | PDF # 1 |  9.25 x6.50 x1.00l,1.10 | File type: PDF | 373 pages

||0 of 0 people found the following review helpful.| Comprehensive analysis of the payment industry|By xmarc999|This is the most accurate analysis of the the payment card industry, and I highly recommend it for any professional in the industry. A bit dry - a more exciting beach read can be found in The PayPal Wars. But this is a detailed exploration. I will note that this is the second edition, and there have been promises (and e|.com |For better or worse, most of us have at least one of the 720 million little plastic cards that are used each year to complete $860 billion worth of purchases at 15 million incredibly varied merchant locations throughout the world. This is a far cry from t

Over the course of history there have been four major innovations in how people pay for things: metallic coins in ancient times, checks in the Middle Ages, paper money in modern times, and now payment cards. Since Diners Club issued its first charge cards in 1950, payment cards - credit, debit and charge cards - have revolutionized how and when we pay for goods and services. In 1998 US consumers had more than 720 million payment cards, which they could use to pay for goo...

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