Commissioned by MasterCard Europe, DotEcon reviewed a number of studies into the cost of payment systems, particularly the cost of using cash. This meta-study draws on research undertaken by central banks, academics and other stakeholders over the last decade.
The findings highlighted that cash is a relatively costly payment instrument. But despite its high social costs, cash is widely – and often too widely – used. The report also provides a discussion of the likely reasons for this, and suggests measures that could address inefficient payment system choices.
The full report is available here.